FinCEN Withdraws Proposed Crypto Mixer and Unhosted Wallet Reporting Rules

FinCEN Withdraws Proposed Crypto Mixer and Unhosted Wallet Reporting Rules

The Treasury bureau is pulling a 2023 mixer proposal and a 2020 self-custody wallet proposal, citing a White House crypto report.

US Treasury Scraps Proposed Crypto Wallet and Mixer Reporting Rules

TL;DR Regulatory Change: FinCEN has withdrawn two proposed reporting rules covering self-hosted crypto wallet and mixer transactions. Compliance Remains: Existing anti-money-laundering obligations, sanctions restrictions, suspicious activity monitoring requirements, and other regulatory duties remain fully in place. Industry Impact: Crypto businesses no longer need to implement the proposed reporting systems, but firms can still request informat…

Treasury Drops Crypto Wallet Surveillance Rules

FinCEN withdrew the 2020 unhosted wallet reporting proposal and its 2023 finding that crypto mixing is a primary money laundering concern. The agency said it will keep monitoring mixers and may act again

Treasury pulls proposed surveillance rules on crypto wallets

The U.S. Treasury withdrew two crypto surveillance rules on wallets and mixers, yet BTC held near $85,636. Here is why the regulatory win barely moved…

U.S. Treasury Withdraws Reporting Rules for Unhosted Crypto

The U.S. Treasury has withdrawn proposed rules for unhosted wallets, easing regulatory pressure. Here's why it matters.