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U.S. Treasury Withdraws Long-Stalled Crypto Wallet and Mixer Reporting Rules
In a significant policy pivot, the U.S. Treasury Department has officially scrapped a pair of high-profile regulatory proposals that had lingered in limbo for years, marking a notable shift in the government’s approach to digital asset oversight. The Financial Crimes Enforcement Network (FinCEN), the Treasury bureau responsible for safeguarding the financial system against illicit use,…
