FinCEN is dropping two long-running crypto reporting proposals.
The withdrawn rules targeted transactions involving self-custody wallets and crypto mixers with additional reporting requirements.
The decision means the proposed requirements for self-custody wallet transfers and the separate reporting framework for crypto mixers will not take effect under these rules.
The withdrawn rules targeted transactions involving self-custody wallets and crypto mixers with additional reporting requirements.
The decision means the proposed requirements for self-custody wallet transfers and the separate reporting framework for crypto mixers will not take effect under these rules.