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WASHINGTON—Federal regulators have proposed new customer identification requirements for payment stablecoin issuers, marking another step in implementing the GENIUS Act and bringing the emerging sector under Bank Secrecy Act compliance standards.

WASHINGTON, D.C. — In primary elections across three states Tuesday, five Congressional candidates backed by America’s Credit Unions PAC won their party nomination and advanced to November’s General Election. This includes a victory for a candidate running in an open seat, ACU reported.