A January 2021 memorandum from the Biden administration froze pending federal regulations, including a proposed FinCEN rule targeting unhosted cryptocurrency wallets. The proposal, requiring transaction reporting and identity verification, was halted for review by new leadership, offering a pause that industry stakeholders and advocates welcomed. For more details, visit Yahoo Finance .
Proposed Crypto Wallet Rule Among Those Frozen ... [POPULAR]
A January 2021 memorandum from the Biden administration froze pending federal regulations, including a proposed FinCEN rule targeting unhosted cryptocurrency wallets. The proposal, requiring transaction reporting and identity verification, was halted for review by new leadership, offering a pause that industry stakeholders and advocates welcomed. For more details, visit Yahoo Finance .