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U.S. scraps proposed $10,000 reporting rule for for crypto sent to private wallets

FinCEN withdrew two proposals that had hung over self-custody and crypto mixers for years without ever taking effect.

· 1 min read · 76 words · via CoinDesk

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Wire briefing

FinCEN withdrew two proposals that had hung over self-custody and crypto mixers for years without ever taking effect.

Source: CoinDesk. This is a wire summary for GetFreeBit readers - verify the original report before making custody, trading, or tax decisions. Not financial advice.

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