CryptoDecryptabout 1 hour ago
Treasury Withdraws Crypto Surveillance Rules
3 min read
The Treasury Department's Financial Crimes Enforcement Network withdrew two crypto surveillance proposals on Monday. FinCEN killed the 2020 unhosted wallet rule requiring records over $3,000 and reports over $10,000. It also dropped a 2023 plan labeling international crypto mixing as a primary money laundering concern.
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