Proposed virtual currency reporting rules withdrawn by US FinCEN
By Samuel Rubenfeld ( October 5, 2026, 16:51 GMT | Insight) -- In a brief notice sent to reporters on Monday, the US Treasury's Financial Crimes Enforcement Network said the agency had considered comments in response to the proposals and withdrew them “as part of the Trump administration’s deregulatory agenda” and ongoing efforts to ensure rules governing digital assets are fit for purpose.The US Treasury Department withdrew two proposed rules on Monday that would have imposed reporting requirements relating to the money laundering risks of convertible virtual currency....
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