FinCEN Announces Withdrawals of Proposed Digital Asset Related Rules
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Research, not advice. Part of the Bitcoin research archive (October 2026). Claims labelled unverified, contested or fringe are reported, not endorsed; statuses of bills and rules are as of the date checked. Government, court and patent records are public domain; the research notes are CC BY 4.0.
FinCEN Announces Withdrawals of Proposed Digital Asset Related Rules | FinCEN.gov
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FinCEN Announces Withdrawals ...
FinCEN Announces Withdrawals of Proposed Digital Asset Related Rules
Immediate Release
October 05, 2026
The Financial Crimes Enforcement Network (FinCEN) is withdrawing the following proposed rules that would have imposed certain regulatory requirements on financial institutions related to certain digital assets, specifically convertible virtual currencies:
a proposal that would have imposed recordkeeping, verification, and reporting requirements on certain transactions involving convertible virtual currencies and unhosted wallets and
a proposal that would have imposed a special measure with regards to convertible virtual currency mixing.
FinCEN has considered the comments submitted in response to these proposals and is withdrawing them as part of the Trump Administration’s deregulatory agenda and ongoing efforts to ensure digital asset regulations are fit-for-purpose.
Resources
Requirements for Certain Transactions Involving Convertible Virtual Currency or Digital Assets; Withdrawal
Proposal of Special Measure Regarding Convertible Virtual Currency Mixing, as a Class of Transactions of Primary Money Laundering Concern; Withdrawal
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