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US Treasury, Fed Withdraw $250 Crypto Travel Rule Proposal. What Does It Mean?

Summary by crypto.news
The US Treasury Department’s Financial Crimes Enforcement Network and the Federal Reserve have withdrawn a proposal to lower the reporting and recordkeeping threshold for cross-border transfers from $3,000 to $250, leaving existing requirements unchanged.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…

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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.

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The Defiant broke the news on Friday, November 6, 2026.
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