In 2020, the Financial Crimes Enforcement Network proposed imposing know-your-customer requirements on unhosted wallets, drawing immense backlash from the crypto industry. This week, the Treasury Department formally withdrew the proposal.
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Trump Said to Consider Crypto Lawyer Teresa Goody Guillén to Lead SEC
Trump has named his transition team co-chair, Cantor Fitzgerald CEO Howard Lutnick, as commerce secretary. Earlier, Lutnick was fiercely jockeying...