Bitcoin
FinCEN Withdraws $10,000 Bitcoin (BTC) Wallet Reporting Proposal
COINOTAG·October 5, 2026·1 min read
FinCEN formally withdrew its 2020 proposal requiring $10,000 reports and $3,000 records on Bitcoin self-custody wallet transfers, plus its 2023 crypto mixer rule, effective October 6, 2026. The withdrawal removes pending compliance burdens for Bitcoin users and mixers, signaling a regulatory shift.
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