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unhosted-wallets

Every story we've covered involving unhosted-wallets.

Crypto
Crypto· Crypto Regulation

Treasury Kills Crypto 'Unhosted Wallet' and Mixer Surveillance Rules

FinCEN has withdrawn two long-pending regulatory proposals: a 2020 notice that would have forced banks and money-services businesses to record and report transactions with self-custodial (unhosted) wallets, and a 2023 plan to designate international crypto mixing as a "primary money laundering concern." The agency said it will take no further action on the unhosted wallet rule and cited concerns that the mixer proposal's broad definition could deter legitimate uses of crypto.

about 3 hours ago
Crypto
Crypto· Crypto Regulation

FinCEN withdraws proposed crypto mixing rule over ‘legitimate activity’ concerns

about 3 hours ago

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