Woofun AI reports that U.S. regulatory bodies are advancing mandates requiring stablecoin issuers to adopt customer identification procedures mirroring those enforced on traditional banks. These stipulations are embedded within the new provisions of the GENIUS Act, signaling a decisive shift toward harmonizing digital asset compliance with established financial frameworks. By enforcing these rigorous identity verification standards, authorities aim to mitigate illicit finance risks and ensure that stablecoin operations adhere to the same accountability metrics as conventional banking institutions.