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

The 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.” The US Treasury’s Financial Crimes Enforcement Network (FinCEN) withdrew two proposed rules affecting its enforcement of crypto companies, including one on “convertible virtual currency mixing.”  According to a […]