[The U.S. Treasury Proposes Establishing a Digital Asset 'Freeze Safe Harbor' Mechanism to Allow Institutions to Temporarily Freeze Suspicious Funds] According to a report by Galaxy Research's Head of Research, Alex Thorn, the U.S. Treasury has submitted a report to Congress under the GENIUS Act, recommending that DeFi be explicitly required to undertake anti-money laundering and counter-terrorism financing (AML/CFT) obligations. It also proposes the establishment of a 'hold law' safe harbor mechanism for digital assets, allowing institutions to temporarily freeze assets during investigations of suspicious transactions without requiring a court order. The report also revealed that the scale of crypto-related crime continues to grow, with losses from crypto scams recorded by the FBI reaching $9 billion in 2024.