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A large group of top financial services trade associations asked the Treasury Department to extend a deadline for the initial implementation of federal stablecoin regulations under the GENIUS Act.

Treasury targets Mexico-based smuggling operative

The Treasury Department announced a new battery of sanctions targeting a “key leader” of the “Lopez Human Smuggling Organization,” a group previously targeted by the Biden administration starting in 2023.

The sanctions today specifically target Jumilca Sandivel Hernandez Perez, who Treasury says is a “Mexico-based” leader for a Guatemala-based smuggling operation.

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