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US Treasury Moves to Scrap Proposed Crypto Wallet, Mixer Surveillance Rules

FinCEN, a bureau of the U.S. Treasury Department, is planning to kill two crypto surveillance proposals that spent years hanging over self-custody and privacy tools without ever becoming law. One would have required bank...

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Still recent enough for follow-up. 3 independent sources are tracking the same story.

US Treasury Moves to Scrap Proposed Crypto Wallet, Mixer Surveillance Rules
FinCEN, a bureau of the U.S. Treasury Department, is planning to kill two crypto surveillance proposals that spent years hanging over self-custody and privacy tools without ever becoming law. One would have required banks and money transmitters to collect information on certain self-hosted wallet transactions above $3,000 and report larger ones above $10,000. The other […]

Why this matters

U.S. Treasury is showing up inside the Institutional Adoption theme, so this story is worth tracking for follow-through rather than treating it as a one-off headline.

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