Okay, guys, this is interesting news 🔥
The U.S. Treasury has just withdrawn two proposed FinCEN rules on crypto. These proposals have been hanging around for a long time, so it looks like they’re finally being put to rest.
One was about self-hosted wallets and required collecting transaction information. The other concerned coin mixing, especially international transactions.
Maybe they decided the rules were too cumbersome, or they’ve found another way to regulate things. Let’s keep an eye on what happens 👀
The main thing is how the market reacts. So far, there hasn’t been any major movement.
But this is also a sign of a shift in the approach to regulation. Stay tuned! 📊
The U.S. Treasury has just withdrawn two proposed FinCEN rules on crypto. These proposals have been hanging around for a long time, so it looks like they’re finally being put to rest.
One was about self-hosted wallets and required collecting transaction information. The other concerned coin mixing, especially international transactions.
Maybe they decided the rules were too cumbersome, or they’ve found another way to regulate things. Let’s keep an eye on what happens 👀
The main thing is how the market reacts. So far, there hasn’t been any major movement.
But this is also a sign of a shift in the approach to regulation. Stay tuned! 📊
