Banks Say Stablecoin Rules Should Cover Secondary Markets

Crypto Insight Summary: Image: Shutterstock/Decrypt]( Banks Say Stablecoin Rules Should Cover Secondary Markets * * * By Edited by Jun 11, 2026 Jun 11, 2026 3 min read The Bank Policy Institute. Image: Shutterstock/Decrypt Create an account to save your articles. Add Decrypt as your preferred source to see more of our stories on Google. * The Bank Policy Institute and The Clearing House said stablecoin AML rules should cover activity after tokens leave issuers. * They urged regulators to move away from “check-the-box compliance” and focus on higher-risk activity. * Regulators need to close stablecoin AML gaps without assigning responsibility to firms that lack control, industry observers told Decrypt. Crypto investment firm Paradigm and the Hyperliquid Policy Center warned U.S. Crypto Insight Analysis: Direction: Bearish Stablecoins Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Increased regulatory scrutiny on stablecoins may reduce market confidence and liquidity.