COINTELEGRAPH · 2026-10-05 20:46 UTC

FinCEN withdraws proposed crypto mixing rule over 'legitimate activity' concerns

FinCEN withdrew two proposed rules affecting crypto enforcement, including one on crypto mixing services that would have imposed recordkeeping and reporting requirements. The agency cited concerns that the mixer rule 'could have a chilling effect on legitimate activity' and would burden financial institutions. The withdrawal is part of the Trump Administration's deregulatory agenda for digital assets.

Loading the story on Tree News…