Positive for Bitcoin and crypto

• ₿ The U.S. Treasury withdraws two proposed rules for monitoring crypto: the first concerns personal wallets, and the second concerns “mixing” services that conceal the origin of transactions.

• The first, proposed in 2020, would have required banks to report any transfer to a personal wallet exceeding $10,000. Its withdrawal lifts a long-awaited regulatory burden, while existing anti-money laundering rules remain in place.

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