W

FinCEN withdraws proposed crypto mixing rule over ‘legitimate activity’ concerns

Business Management
Share
FinCEN withdraws proposed crypto mixing rule over ‘legitimate activity’ concerns

The bureau under the US Treasury said it was withdrawing two proposed rules on unhosted wallets and crypto mixers ”as part of the Trump Administration’s deregulatory agenda.”

FinCEN withdraws proposed crypto mixing rule over ‘legitimate activity’ concerns

FinCEN withdraws proposed crypto mixing rule over ‘legitimate activity’ concerns


Source:Cointelegraph

Disclaimer:Please read market information rationally and stay aware of investment risks. All content on this site is for informational purposes only and does not constitute investment advice.

Related Reading

Binance users in some European countries told to pull crypto before fees kick in, with accounts closing by year end

Affected accounts are reportedly set to close on Dec. 31. Users in Spain, France, and Poland say they've received similar notices. Source:CoinDesk

U.S. Treasury moves to cut off crypto exchange MEXC over $16 billion in alleged illicit flows

Treasury billed the move as part of its campaign against Iran, but the order rests on MEXC's alleged role in Russian illicit finance. Source:CoinDesk

Gnosis Pay breach exposes card numbers, home addresses and linked crypto wallets

One user said the exposed data tied his home address and card number to every crypto wallet linked to his account, raising the risk of targeted scams.…

You follow the rules for smart stock trading. But are they the right rules?

Apply the wisdom of investment pros to develop your own consistent methodology. Source:MarketWatch

Source:https://cointelegraph.com/news/fincen-crypto-mixing-rule-legitimate-activity