Web3
FinCEN Formally Withdraws Trump-Era Crypto Wallet Reporting Proposal
TokenPost·October 18, 2026·1 min read
FinCEN formally withdrew its 2020 proposal that would have required banks and money services businesses to record details about some crypto transfers and report larger transactions. The withdrawal removes a compliance burden that was never finalized, easing reporting requirements for crypto firms and financial institutions handling digital asset transactions.
Read at TokenPostDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.