President Biden Temporarily Suspends FinCEN’s Proposed Crypto Wallet Rule

Everyone in the cryptocurrency ecosystem should file a comment with FinCEN

Everyone in the cryptocurrency ecosystem should file a comment with FinCENPresident Joe Biden has mandated all federal agencies in the United States to temporarily suspend all in-process regulations pending when they have been thoroughly reviewed by members of his cabinet. This also puts FinCEN’s proposed rule on non-custodial crypto wallets on hold, according to a Decrypt report on January 21, 2021. Mnuchin’s Draconian Crypto Wallet

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