Proposed rulesDocument number 2026-20430New
Requirements for Certain Transactions Involving Convertible Virtual Currency or Digital Assets; Withdrawal
FinCEN is withdrawing a notice of proposed rulemaking (NPRM) that proposed requiring banks and money service businesses (MSBs) to submit reports, keep records, and verify the identity of customers in relation to transactions involving convertible virtual currency (CVC) or digital assets with legal tender status (LTDA) held in unhosted wallets or in wallets hosted in a jurisdiction identified by FinCEN. FinCEN will not take any further action on this NPRM.
From Federal Register — all agencies (federalregister.gov). First seen Oct 10, 2026.
Details
- Published
- Oct 6, 2026Find in source ↗
- Agency
- Treasury Department; Financial Crimes Enforcement NetworkFind in source ↗
- Action
- Proposed rule; withdrawal.Find in source ↗
- Dates statement
- FinCEN is withdrawing the proposed rule published at 85 FR 83840 (December 23, 2020), as of October 6, 2026.Find in source ↗
- CFR parts affected
- 31 CFR 1010 ; 31 CFR 1020 ; 31 CFR 1022 Find in source ↗
- RINs
- 1506-AB47Find in source ↗
- Citation
- 91 FR 63514Find in source ↗
- Significant (E.O. 12866)
- Yes
- Official PDF
- govinfo.gov
History
No changes since RuleWatch first read this rule on Oct 10, 2026.
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