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EconomyU.S. drops proposed $10,000 reporting rule for crypto sent to private wallets

FinCEN withdrew two proposed rules, including a $10,000 reporting requirement for cryptocurrency sent to private wallets. The proposals had hung over self-custody and crypto mixers for years but never took effect.

cryptocurrencyprivate walletsfinancial regulation

CCoinDesk★★☆☆☆2026-10-06 04:55Original

U.S. drops proposed $10,000 reporting rule for crypto sent to private wallets
U.S. drops proposed $10,000 reporting rule for crypto sent to private walletsEconomy