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U.S. Regulators Drop $250 Travel Rule Plan, Crypto Language Too

Bitcoin Magazine · · Regulation · Bitcoin

Bitcoin Magazine U.S. Regulators Drop $250 Travel Rule Plan, Crypto Language Too FinCEN and the Federal Reserve have formally withdrawn a 2020 proposal that would have cut the Bank Secrecy Act threshold for cross-border funds transfers from $3,000 to $250 and spelled out that the rules cover...

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