CryptoCointelegraphabout 2 hours ago
FinCEN Withdraws Crypto Mixing Rules
1 min read
The US Treasury's Financial Crimes Enforcement Network (FinCEN) withdrew two proposed rules on unhosted wallets and crypto mixers on Monday as part of the Trump Administration's deregulatory agenda. The agency cited concerns that the mixer rule could have a chilling effect on legitimate activity and place a large reporting burden on covered financial institutions.
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