US Regulators Drop $250 Travel Rule Plan, Crypto Language Too
FinCEN and the Federal Reserve have officially discarded a 2020 initiative that would have reduced the Bank Secrecy Act limit for international fund movements from…
Travel Rule
US Treasury Retracts Cryptocurrency Surveillance Travel Rule Initiative
The Treasury Department has abandoned a contentious initiative that aimed to broaden reporting mandates for cryptocurrency transactions. On Friday, the Federal Reserve Board of Governors…