The Financial Crimes Enforcement Network, an arm of the U.S. Treasury Department commonly known as FinCEN, is officially pulling its 2023 regulatory proposal directed at cryptocurrency mixing, pointing to worries that the mandate could create “a chilling effect on legitimate activity,” according to an announcement published on the Federal Register public inspection website on Monday.
The Originally published at https://www.theblock.co/news/regulation/2026-10-05-fincen-drops-crypto-mixing-rule-self-hosted-wallet-proposal-417690.
