Regulation· ★★★· bullish·

FinCEN Withdraws Two Crypto-Related Proposed Rules

  • —FinCEN withdrew two proposed crypto-related rules
  • —The move concerns regulatory initiatives for digital assets
  • —It reduces regulatory pressure on the US crypto industry
Why it matters: The withdrawal eases regulatory pressure on US crypto firms and could support the sector.
Source: Google News (crypto query)
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