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U.S. Treasury Drops Crypto Wallet Rule—What Changed?

CoinCentral·October 6, 2026·1 min read
U.S. Treasury Drops Crypto Wallet Rule—What Changed?

The U.S. Treasury withdrew a proposed rule covering large crypto transfers involving self-custody wallets. FinCEN's 2020 proposal would have required reporting for transfers above $10,000. The agency also scrapped a 2023 proposal targeting crypto mixer transactions. Neither proposal became a final rule despite years of debate.

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