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Regulatory Watch News

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  Treasury Seeks Public Comment on GENIUS Act Notice of Proposed Rulemaking Concerning State-Level Regulatory Regimes

  US Department of the Treasury

  April 1, 2026

  WASHINGTON – Today, the U.S. Department of the Treasury issued a notice of proposed rulemaking (NPRM) seeking public comment related to Treasury’s implementation of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. The NPRM is the first regulation Treasury has proposed to implement the GENIUS Act. Under the GENIUS Act, payment stablecoin issuers with a consolidated total outstanding issuance of not more than $10,000,000,000 may opt for regulation under a state-level regulatory regime, provided that the state-level regulatory regime is substantially similar to the federal regulatory framework. The GENIUS Act directs Treasury to, through notice and comment rulemaking, establish broad-based principles for determining whether a state-level regulatory regime is substantially similar to the federal regulatory framework under the GENIUS Act.

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  Greece: New developments in EPPO’s probe into large-scale agricultural subsidy fraud

  European Public Prosecutor's Office

  April 1, 2026

  (Luxembourg, 1 April 2026) – Today, in accordance with the procedures laid down by the EPPO Regulation and the Hellenic national law, the European Chief Prosecutor requested to the Hellenic Parliament the lifting of immunity of 11 active Members of Parliament in an investigation into an alleged organised fraud scheme involving agricultural funds. Five former Members of Parliament are also under investigation. In parallel, the European Public Prosecutor’s Office (EPPO) in Athens (Greece) has referred to the Hellenic Parliament information regarding alleged involvement of a former Minister and a Deputy Minister of Rural Development and Food.

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  Banks don’t rush, scammers do: the callous impersonation scams robbing everyday Australians

  Australia Federal Police

  April 1, 2026

  Ruthless scammers posing as would-be saviours are tapping into brazen new techniques to drain the banking and cryptocurrency accounts of everyday Australians. The Joint Policing Cybercrime Coordination Centre (JPC3), which draws on banking industry intelligence, is lifting the lid on the bold tactics used at every step of the scamming playbook. These range from trying to replicate the hold music used by banks to audacious tag-team conversations that concurrently call banks and victims to bypass security checks.