THE $250 RULE IS DEAD: THE THRESHOLD STAYS AT $3,000
Today, November 9, FinCEN and the Fed published in the Federal Register the withdrawal of the 2020 proposal that would have cut the data threshold on international transfers, including crypto, from $3,000 to $250. The threshold stays at $3,000, the Travel Rule stays in force, and there will be no new rule without public comment. More control, or more freedom? Tell me below
$BTC
$METAB
$AVGOB
#crypto #RegulationDebate #Stablecoins
Today, November 9, FinCEN and the Fed published in the Federal Register the withdrawal of the 2020 proposal that would have cut the data threshold on international transfers, including crypto, from $3,000 to $250. The threshold stays at $3,000, the Travel Rule stays in force, and there will be no new rule without public comment. More control, or more freedom? Tell me below
$BTC
$METAB
$AVGOB
#crypto #RegulationDebate #Stablecoins