In 2020, the Monetary Crimes Enforcement Community proposed imposing know-your-customer necessities on unhosted wallets, drawing immense backlash from the crypto trade. This week, the Treasury Division formally withdrew the proposal.
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In 2020, the Monetary Crimes Enforcement Community proposed imposing know-your-customer necessities on unhosted wallets, drawing immense backlash from the crypto trade. This week, the Treasury Division formally withdrew the proposal.
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