Web3
FinCEN Withdraws Rules Targeting Crypto Wallets and Mixers
CryptoPotato·October 6, 2026·1 min read
FinCEN withdrew rules targeting crypto wallets and mixers. The 2020 wallet proposal would have required record-keeping and ID checks at banks for transfers above $3,000 tied to a self-hosted wallet. The withdrawal removes a significant regulatory burden for crypto users and services.
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