US Treasury, Fed Withdraw $250 Crypto Travel Rule Proposal. What Does It Mean?
8 Articles
8 Articles
US Treasury, Fed withdraw $250 crypto Travel Rule proposal. What does it mean?
The US Treasury Department’s Financial Crimes Enforcement Network and the Federal Reserve have withdrawn a proposal to lower the reporting and recordkeeping threshold for cross-border transfers from $3,000 to $250, leaving existing requirements unchanged. According to a joint withdrawal notice…
FinCEN and the Board of Governors of the Federal Reserve withdrew a proposal that would have reduced the threshold for collecting information on certain international transfers linked to cryptocurrencies from USD $3,000 to USD $250.
US Treasury and Fed Abandon Plan to Track Smaller Bitcoin, Crypto Transfers
The U.S. Treasury Department and the Federal Reserve are withdrawing a proposal to expand information collection for international crypto transfers as small as $250. The decision preserves the existing $3,000 threshold as officials reassess rules proposed in 2020. Treasury and Fed Drop Proposed $250 Transfer Threshold The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) […]
FinCEN and Fed Kill $250 Travel Rule NPRM in Third Crypto Surveillance Rollback
FinCEN and the Federal Reserve withdrew the 2020 NPRM that would have cut the cross-border Travel Rule reporting threshold from $3,000 to $250, marking the third crypto surveillance rulemaking killed since October 2026.
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