FinCEN Kills Proposed Crypto Rules After Commenters Warn of Chilling Effect
The Financial Crimes Enforcement Network (FinCEN) has withdrawn two rules proposed years ago that would have imposed certain regulatory requirements on financial institutions’ handling of convertible digital assets. FinCEN said in a Monday (Oct. 5) press release that it withdrew the proposals after considering public comments on them and as part of the Trump administration’s […] The post FinCEN…
We haven't written up this one. PYMNTS has the full story — the link below goes straight to it.
