CTM Submits Treasury Letter on Modernizing BSA/AML Rules for Tokenized Funds

Written By Yury Salazar Smith

Coalition outlines targeted recommendations to support interoperable tokenized funds while preserving strong AML, sanctions, and customer protection safeguards.

Today, the Coalition for Tokenized Markets (CTM) submitted a letter to the U.S. Department of the Treasury encouraging targeted updates to Bank Secrecy Act (BSA) and anti-money laundering (AML) requirements to support the responsible growth of tokenized financial markets. The letter recommends expanding Customer Identification Program (CIP) reliance, modernizing the Travel Rule for permissioned networks, and recognizing portable digital identity credentials—changes that would enable interoperable tokenized funds while maintaining robust safeguards against illicit finance.

Read the full letter here
Yury Salazar Smith
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