FinCEN withdraws proposed crypto mixing rule over ‘legitimate activity’ concerns26m, FinCEN withdraws proposed crypto mixing rule over ‘legitimate activity’ concernsThe bureau under the US Treasury said it was withdrawing two proposed rules on unhosted wallets and crypto mixers ”as part of the Trump Administration’s deregulatory agenda.”
- Posted on October 5, 2026
- By Cointelegraph
- 1 Views
- 1 min read
The Financial Crimes Enforcement Network has officially rescinded its proposed regulatory framework targeting cryptocurrency mixing services and unhosted wallet transactions. This decision aligns with the current administration's broader push to reduce regulatory burdens on the digital asset sector. Industry observers suggest this reversal acknowledges concerns regarding the impact on legitimate cryptocurrency use cases and privacy-conscious users, marking a significant shift in the regulatory approach to emerging financial technologies.
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FinCEN withdraws proposed crypto mixing rule over ‘legitimate activity’ concerns26m, FinCEN withdraws proposed crypto mixing rule over ‘legitimate activity’ concernsThe bureau under the US Treasury said it was withdrawing two proposed rules on unhosted wallets and crypto mixers ”as part of the Trump Administration’s deregulatory agenda.”
FinCEN withdraws proposed crypto mixing rule over ‘legitimate activity’ concerns26m, FinCEN withdraws proposed crypto mixing rule over ‘legitimate activity’ concernsThe bureau under the US Treasury said it was withdrawing two proposed rules on unhosted wallets and crypto mixers ”as part of the Trump Administration’s deregulatory agenda.” continue reading...
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