US Treasury Drops Controversial Crypto Reporting Proposal The US Treasury has withdrawn a proposal that would have lowered the crypto transaction reporting threshold from $3,000 to $250. Crypto groups welcomed the decision, arguing the rule could increase financial surveillance and burden ordinary users. FinCEN said the industry has changed and the proposal needs further review. #Crypto #CryptoNews #BabaCrypto #BitcoinNews #CryptoCurrency #Blockchain #CryptoMarket
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