Credit: Original article published by Coinnounce.

The U.S. Financial Crimes Enforcement Network (FinCEN) has proposed a rule that would instill record keeping and reporting requirements for transactions by or to a bank or money service business involving an “unhosted or otherwise covered wallet. The proposed rule, entitled “Requirements for Certain Transactions Involving Convertible Virtual Currency or Digital Assets,” would subject self-hosted wallets […]

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