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70 Greed

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Regulation Bullish

US Treasury withdraws proposed crypto wallet and mixer reporting rules

The US Treasury, via FinCEN, has withdrawn two proposed crypto surveillance rules.

  • FinCEN withdrew two proposed crypto surveillance rules first published in 2020 and 2023.
  • The 2023 mixer proposal targeted crypto mixing as a primary foreign money laundering concern.
  • The withdrawals eliminate proposed expanded reporting duties for banks and money services businesses.
8 sources
Developing

Crypto PAC backs 32 House candidates who supported CLARITY Act for midterms

3 sources
Developing

ZachXBT infiltrated Chinese launderers working for North Korean Lazarus Group

3 sources
Developing

Aave hikes GHO borrow rates to replenish depleted stablecoin reserves

2 sources

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