Bitcoin MagazineU.S. Regulators Drop $250 Travel Rule Plan, Crypto Language Too
FinCEN and the Federal Reserve formally withdrew a 2020 proposal that would have cut the cross-border funds-transfer threshold from $3,000 to $250 and spelled out that the rules cover crypto, saying any future version needs a fresh comment period.
This post U.S. Regulators Drop $250 Travel Rule Plan, Crypto Language Too first appeared on Bitcoin Magazine and is written by Micah Zimmerman.