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The U.S. Treasury abandons plans to track self-managed wallets and currency mixers

2026-10-06 08:41:44
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The U.S. Treasury Department withdraws two regulatory proposals for cryptocurrency wallets and hybrid services

The U.S. Treasury Department has withdrawn two proposed regulations that originally planned to extend financial surveillance to personally owned cryptocurrency wallets and cryptocurrency hybrid services.

The Financial Crimes Enforcement Network (FinCEN), the Treasury Department's anti-money laundering agency, issued withdrawal notices of the two regulations in the Federal Register on Monday. In the notice, FinCEN made it clear that it would "take no further action."

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