CryptoSlate·
FinCEN drops crypto mixing proposal as backlash kills rule
FinCEN abandons proposed privacy-related reporting requirements, while existing anti-money-laundering duties remain.
Also covered by 15 outlets
- Crypto Briefing ↗US Treasury withdraws proposed crypto surveillance rules on unhosted wallets and mixing
- Crypto Briefing ↗US Treasury withdraws proposed crypto rules on unhosted wallets, mixers
- Unchained ↗FinCEN Withdraws Proposed Crypto Mixer and Unhosted Wallet Reporting Rules
- The Defiant ↗Treasury Drops Crypto Wallet Surveillance Rules
- Bitcoin.com News ↗US Treasury Moves to Scrap Proposed Crypto Wallet, Mixer Surveillance Rules
- BeInCrypto ↗US Treasury Hands Big Win to Crypto Privacy
- The Block ↗Treasury withdraws crypto mixing rule, citing concerns over ‘chilling effect on legitimate activity’
- Decrypt ↗Treasury Kills Crypto 'Unhosted Wallet' and Mixer Surveillance Rules
- Cointelegraph ↗FinCEN withdraws proposed crypto mixing rule over ‘legitimate activity’ concerns
- CoinDesk ↗U.S. scraps proposed $10,000 reporting rule for for crypto sent to private wallets
- CryptoPotato ↗FinCEN Withdraws Rules Targeting Crypto Wallets and Mixers
- Forkast ↗The Enforcement Layer Just Vanished From the US Crypto Regulatory Stack
- Bitcoin Magazine ↗Treasury Drops Crypto Surveillance Proposals
- NewsBTC ↗FinCEN Withdraws Crypto Rules Targeting Mixers And Unhosted Wallets
- Crypto Briefing ↗US Treasury acknowledges lawful use of Bitcoin and crypto mixers
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