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US Treasury and Fed Abandon Plan to Track Smaller Bitcoin, Crypto Transfers

The U.S. Treasury Department and the Federal Reserve are withdrawing a proposal to expand information collection for international crypto transfers as small as $250. The decision preserves the existing $3,000 threshold a...

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US Treasury and Fed Abandon Plan to Track Smaller Bitcoin, Crypto Transfers
The U.S. Treasury Department and the Federal Reserve are withdrawing a proposal to expand information collection for international crypto transfers as small as $250. The decision preserves the existing $3,000 threshold as officials reassess rules proposed in 2020. Treasury and Fed Drop Proposed $250 Transfer Threshold The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) […]

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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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