Treasury: Withdraws Unhosted Wallet Surveillance Rules
US Treasury withdraws proposed crypto surveillance rules on unhosted wallets and CVC crypto mixing, easing regulatory pressure on decentralized finance.
SourceAnalysis
The US Treasury withdrew proposed crypto surveillance rules targeting unhosted wallets and CVC crypto mixing. This move reverses earlier efforts to expand monitoring of self-custodied assets and privacy tools. Market participants tracking unhosted wallets regulation now face reduced compliance burdens, while CVC crypto mixing oversight shifts back to existing frameworks.
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