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FinCEN and Fed to withdraw plan lowering crypto transfer threshold to $250

Nov 7, 2026 20:59 (1d ago)

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FinCEN and the Federal Reserve will withdraw their 2020 threshold-reduction proposal.
The proposal would have lowered the threshold from $3,000 to $250.
Regulated institutions must continue transmitting sender and recipient information for qualifying $3,000-plus transfers.