Treasury withdraws crypto mixing rule, citing concerns over ‘chilling effect on legitimate activity’
FinCEN is withdrawing a proposal that would've designated crypto mixing a "primary money laundering concern" under the PATRIOT Act.
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Published in the last two hours. A tracked entity is involved.
Why this matters
FinCEN 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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