FinCEN withdraws crypto mixing reporting rules
Statements (3)
- Neutral
The Financial Crimes Enforcement Network (FinCEN) withdrew two proposed rules requiring banks and exchanges to report users who mix cryptocurrencies or manage their own wallets
- Neutral
FinCEN withdrew a 2023 plan to designate crypto mixing as a primary money laundering concern
- Neutral
FinCEN is withdrawing a proposal that would've designated crypto mixing a primary money laundering concern under the PATRIOT Act