🚨 THE US HAS REJECTED NEW CRYPTO OVERSIGHT
🇺🇸 FinCEN has withdrawn a proposal that could have required crypto companies and banks to provide additional reports on transfers over $10,000 to private/self-custody wallets.
🔓 This eases regulatory pressure on users who hold their own cryptocurrency.
📈 This is a positive signal for the market: for now, the US is moving toward a more lenient approach to self-custody.
Do you think this is the start of a more crypto-friendly US policy? 👇 #usa #crypto
🇺🇸 FinCEN has withdrawn a proposal that could have required crypto companies and banks to provide additional reports on transfers over $10,000 to private/self-custody wallets.
🔓 This eases regulatory pressure on users who hold their own cryptocurrency.
📈 This is a positive signal for the market: for now, the US is moving toward a more lenient approach to self-custody.
Do you think this is the start of a more crypto-friendly US policy? 👇 #usa #crypto
