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Treasury Drops Crypto Wallet Surveillance Rules

The Defiant·October 5, 2026·1 min read
Treasury Drops Crypto Wallet Surveillance Rules

FinCEN withdrew the 2020 unhosted wallet reporting proposal and its 2023 finding that crypto mixing is a primary money laundering concern. The agency said it will keep monitoring mixers and may act again. This removes a regulatory overhang for crypto users and mixers, though future action remains possible.

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