US representatives ask Mnuchin to extend comment period for proposed wallet rule to traditional 60 days

US representatives ask Mnuchin to extend comment period for proposed wallet rule to traditional 60 days

Eight members of Congress have sent a letter to Treasury Secretary Steve Mnuchin expressing concern over the shortened comment period for the Treasury’s recently proposed rule for virtual currency transactions. The Financial Crimes Enforcement Network (FinCEN) issued a notice of proposed rulemaking that would require more stringent know-your-customer and reporting measures for exchanges, cracking down …

US representatives ask Mnuchin to extend comment period for proposed wallet rule to traditional 60 days Read More »