Crypto

Treasury just withdrew crypto surveillance rule proposals long opposed by Coin Center

Read full article at source ↗

Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 06/10/2026, 18:30:24 UTC.

Briefings

The U.S. Department of Treasury withdrew two long-pending cryptocurrency surveillance proposals that Coin Center had opposed for years. These rules targeted 'unhosted wallets' and cryptocurrency mixing, which would have expanded financial surveillance of users. Coin Center argued these rules would create double standards and encourage excessive data collection. The withdrawal closes the possibility of reviving broad surveillance approaches that could impact innocent users.

Key points

• Treasury withdrew two pending rules targeting 'unhosted wallets' and cryptocurrency mixing, which would have expanded financial surveillance of users.
• Coin Center opposed these rules, arguing they would create double standards and encourage excessive data collection through the Bank Secrecy Act.

Context

Coin Center has fought against these rules for years. The withdrawal is a significant victory for financial privacy and the principle that Americans should use cryptocurrency directly without government surveillance.

Limitations

Evidence covers only the 2026 withdrawal of two specific proposals. Uncertainty exists regarding the long-term impact of the withdrawal on future regulatory frameworks or other pending rules not mentioned in the source.

Generated by Bittrees-hosted qwen35-2b sha256:aaf42c8b7c3c on 19/10/2026, 01:58:23 UTC. Based on publisher-provided feed evidence; may not cover the full original article. Check the source for details.

View archived briefing on IPFS
bafybeif5767vone3oyrftkb2jle3gga4qexgcshsw3ek3723uadv3ogfle