Sturdy crypto hitters are asking customers to touch upon Cointelegraph’s proposed FinCEN pockets rule
Strong crypto hitters urge users to comment on the proposed FinCEN wallet rule
A number of players are encouraging individuals to speak out against FinCEN’s new crypto rules before comments close next week.
Crypto Exchange Coinbase and the foundation behind Monero are the latest companies committed to getting Crypto users to share their thoughts on the new rules of the US Treasury’s Financial Crimes Enforcement Network. In a blog post today, Coinbase CEO Brian Armstrong said The proposal would be “too intrusive” into user privacy, stating that crypto exchanges would have to collect and share names and addresses for anyone sending or receiving more than $ 3,000 worth of crypto in a single transaction. The CEO urged users to submit their thoughts to FinCEN before Jan 4th if comments would be closed.
Read on on Coin Telegraph
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