S&P 5007,722.72▲0.7% Nasdaq27,190.86▲1.2% Dow51,176.96▲0.5% Russell 2K2,832.89▲0.9% 10-Yr5.28%+4bp VIX15.31−1.08 WTI$91.26▼1.7% Gold$4,172.10▼0.7% EUR/USD1.126▼0.6% BTC$85,229▼1.4% Nikkei68,957▲3.3%
At close · Fri, Oct 2, 2026
Daily Market Updates.

Crypto

Home›Crypto›Regulation›FinCEN withdraws unhosted wallet reporting proposal an…

FinCEN withdraws unhosted wallet reporting proposal and crypto-mixing finding

FinCEN said it will continue monitoring crypto mixers and could pursue action again in the future.

Reported · Written up by our desk · Regulation

The Financial Crimes Enforcement Network, FinCEN, withdrew its 2020 proposal to require reporting for unhosted crypto wallets.

FinCEN also withdrew its 2023 finding that crypto mixing is a primary money laundering concern.

In a statement, the agency said it will continue monitoring mixers and may take action again.

← Newer storyRising borrowing costs are hurting households, but not AI investment

More like this

CryptoCFTC proposes federal licensing for crypto exchanges tied to leverage
CryptoCFTC launches rulemaking for leveraged retail crypto trading framework
CryptoCFTC and SEC propose crypto rules, with gap for spot trading
CryptoGreenfield files Swiss complaint over Safe Ecosystem Foundation board changes
CryptoAnalysts forecast Avalanche (AVAX) could reach $55.05 by 2030

Sources

The DefiantTreasury Drops Crypto Wallet Surveillance Rules

Get the close, explained.

One email every trading day: what moved, why it moved, and what's on deck tomorrow. Read in 3 minutes.

Free. Unsubscribe anytime.