✔ VERIFIED First reported by The Defiant · Nov 6, 14:04 UTC · updated Nov 6, 14:39 UTC

US Treasury, Fed withdraw $250 crypto Travel Rule proposal. What does it mean?

The US Treasury Department’s Financial Crimes Enforcement Network and the Federal Reserve have withdrawn a proposal to lower the reporting and recordkeeping threshold for cross-border transfers from…

Common to all reports: Treasury · Fed Withdraw · $250 · Travel Rule Threshold · US

Confirmed by 3 sources

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Tags: Regulation, Macro, Markets

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