Requirements for Certain Transactions Involving Convertible Virtual Currency or Digital Assets; Withdrawal
- Agencies
- Treasury Department, Financial Crimes Enforcement Network
- Type
- Proposed Rule
- Published
- Document number
- 2026-20430
Read the full document on FederalRegister.gov PDF
Summary
FinCEN is withdrawing a notice of proposed rulemaking (NPRM) that proposed requiring banks and money service businesses (MSBs) to submit reports, keep records, and verify the identity of customers in relation to transactions involving convertible virtual currency (CVC) or digital assets with legal tender status (LTDA) held in unhosted wallets or in wallets hosted in a jurisdiction identified by FinCEN. FinCEN will not take any further action on this NPRM.
How it was scored
Scored by jev-1.13.0 on October 7, 2026. A reading describes what the action does, not who issued it, and is based on the summary. Scores are automated and can be wrong. How scoring works