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Deep Tide TechFlow News, June 23 — According to PYMNTS, the Office of the Comptroller of the Currency (OCC) in the United States released proposed rulemaking on June 22, requiring payment stablecoin issuers (PPSIs) under its regulation to comply with the Bank Secrecy Act and the GENIUS Act, while also implementing FinCEN and OFAC's anti-money laundering/ counter-terrorism financing (AML/CFT) programs, sanctions programs, and reporting requirements. The rule will also establish OCC's AML/CFT supervision and enforcement framework for PPSIs and clarify the consultation mechanism between OCC and FinCEN in enforcement actions. Previously, OCC had jointly solicited public comments with the Federal Reserve, FDIC, NCUA, and other agencies on requiring stablecoin issuers to establish customer identification procedures.