🇺🇸 US DROPS $250 CRYPTO TRANSFER RULE
The US Treasury's FinCEN and the Federal Reserve have withdrawn their 2020 proposal to slash the cross-border transfer reporting threshold from $3,000 to $250.
✅ The $3,000 threshold stays in place — including for crypto transfers.
📅 The withdrawal takes effect when published in the Federal Register on Nov 9, 2026.
🔒 No further action on the 2020 proposal — any future change needs a fresh round of public comment.
A win for crypto privacy and lighter compliance for exchanges and users.
#Bitcoin #Crypto #FinCEN #FederalReserve #CryptoNews #Regulation #Zimbuck
The US Treasury's FinCEN and the Federal Reserve have withdrawn their 2020 proposal to slash the cross-border transfer reporting threshold from $3,000 to $250.
✅ The $3,000 threshold stays in place — including for crypto transfers.
📅 The withdrawal takes effect when published in the Federal Register on Nov 9, 2026.
🔒 No further action on the 2020 proposal — any future change needs a fresh round of public comment.
A win for crypto privacy and lighter compliance for exchanges and users.
#Bitcoin #Crypto #FinCEN #FederalReserve #CryptoNews #Regulation #Zimbuck
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