FinCEN - Financial Crimes Enforcement Network

11/06/2026 | Press release | Distributed by Public on 11/06/2026 08:15

FinCEN Announces Withdrawal of Proposed Rule Related to Recordkeeping and Travel Rule Obligations

The Financial Crimes Enforcement Network (FinCEN) is withdrawing a notice of proposed rulemaking that would have amended the Recordkeeping and Travel Rule regarding convertible virtual currencies. It also would have lowered the threshold for funds transfers and transmittals of funds that begin or end outside the United States. This proposal is being jointly withdrawn with the Federal Reserve Board of Governors.

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FinCEN - Financial Crimes Enforcement Network published this content on November 06, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on November 06, 2026 at 14:15 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]