🚨 CRYPTO ALERT 🔥
⚡ THE U.S. JUST DROPPED A $10K CRYPTO WALLET RULE
The U.S. Treasury’s FinCEN has withdrawn a$BTC proposed rule that would have required banks and crypto businesses to report certain transactions above $10,000 involving self-controlled wallets.
The proposal had been sitting since 2020 and never took effect. �
CoinDesk +1$AKE
🔥 My take:
Self-custody is getting a lot of attention again. This could be an important signal for how U.S. crypto regulation develops next.$BANK
👀 Do you keep your crypto on an exchange or in your own wallet?
#Crypto #Bitcoin #SelfCustody #CryptoNews #Blockchain #BinanceSquare
⚡ THE U.S. JUST DROPPED A $10K CRYPTO WALLET RULE
The U.S. Treasury’s FinCEN has withdrawn a$BTC proposed rule that would have required banks and crypto businesses to report certain transactions above $10,000 involving self-controlled wallets.
The proposal had been sitting since 2020 and never took effect. �
CoinDesk +1$AKE
🔥 My take:
Self-custody is getting a lot of attention again. This could be an important signal for how U.S. crypto regulation develops next.$BANK
👀 Do you keep your crypto on an exchange or in your own wallet?
#Crypto #Bitcoin #SelfCustody #CryptoNews #Blockchain #BinanceSquare
