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Cryptocurrency Cointelegraph

US mulls applying fiat reporting mandate on crypto transfers

The US Treasury and Federal Reserve plan to redefine “money” used under the Bank Secrecy Act, as they aim to include cryptocurrencies and digital assets in new reporting requirements.

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Archive context

Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

US mulls applying fiat reporting mandate on crypto transfers

The US Treasury and Federal Reserve plan to redefine “money” used under the Bank Secrecy Act, as they aim to include cryptocurrencies and digital assets in new reporting requirements.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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