So, the U.S. Department of the Treasury is sitting around, probably in lovely government-issued chairs, actively looking for your feedback-yes, YOU, oh silent watcher, on ways to catch the digital bad guys (or, let’s be real, mildly naughty lads) in the crypto universe. Honestly, it’s less “National Treasure” and more “Please help us with our homework.”
The Plot (Because Even Bureaucracy Deserves a Plot)
- The Treasury is crowd-sourcing ideas for snooping on crypto crooks. Or, as they’d say, detecting and monitoring illicit activity. 👀
- You’ve got until October 17, 2025 to share your burning thoughts, before the window closes and your genius goes unappreciated. GENIUS Act, actual name. Not just flattery.
If you’re the sort of person who sits up at night pondering how robots could blow the whistle on dodgy coin deals, the Treasury wants your comments. They’re especially thrilled (read: desperate) to hear about the techie stuff banks use to hunt crypto drama-anything from clever code to that one guy who never sleeps.
All eyes are on four main trouble spots: APIs (yum, who doesn’t love a good application programming interface?), digital identity checks (who are you, really?), AI (obviously-Skynet for crypto!), and blockchain wizardry. If you’ve solved any of these after a glass of wine, they’re listening.
But wait-involving the public? How avant-garde.
October 17. 2025. Set a reminder. Or don’t.
Bureau-speak translation: The government is relying on your random but possibly brilliant suggestions to figure out policy that doesn’t accidentally destroy all joy in crypto. Apparently, it’s also echoing Trump’s “Strengthening American Leadership in Digital Financial Technology” because naming bills clearly runs on caffeine and Twitter polls.
“This is us following Treasury’s… something something section 9(a) of the GENIUS Act, United States, stablecoins, frameworks blah blah-stablecoin issuer paperwork. Yay for comprehensive regulation,” said the Treasury (probably with great seriousness and several ties).
GENIUS Act now means the Treasury can mine your feedback for juicy tidbits: how well stuff works, sticker price, whether it guards your digital underwear drawer (privacy features), and of course, how easily it can be blown up (cybersecurity). Strap in.
If all this talk of crypto compliance feels fancy, just know that companies like Chainalysis and TRM Labs are already the Hermione Grangers of this world-keeping tabs, wagging fingers, and maybe, just maybe, saving us from becoming the next meme.
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2025-08-18 22:38