FinCEN, a bureau of the U.S. Treasury Department, is planning to kill two crypto surveillance proposals that spent years hanging over self-custody and privacy tools without ever becoming law. One would have required banks and money transmitters to collect information on certain self-hosted wallet transactions above $3,000 and report larger ones above $10,000.
Policy
FinCEN is withdrawing a proposal that would've designated crypto mixing a "primary money laundering concern" under the PATRIOT Act.
Policy
The CFTC is seeking public comment on a framework that would create a new federal license for crypto exchanges, with leverage offers as the trigger for oversight.
Policy
The CFTC launched rulemaking on leveraged and margined retail crypto trading, proposing Regulation CTX and CAM and a new "crypto asset market" exchange.
Policy
The derivatives regulator is proposing two rules meant to cover the waterfront of crypto activity and exchanges, as long as it's not simple, direct trading.