US Treasury Moves to Scrap Proposed Crypto Wallet, Mixer Surveillance Rules

Crypto Insight Summary: FinCEN, a bureau of the U.S. Treasury Department, is planning to kill two crypto surveillance proposals that spent years hanging over self-custody and privacy tools without ever becoming law. One would have required banks and money transmitters to collect information on certain self-hosted wallet transactions above $3,000 and report larger ones above $10,000. The other […] Crypto Insight Analysis: Direction: Bullish BTC / Bullish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: Regulatory relief boosts crypto adoption sentiment.