Treasury and Fed Withdraw Plan for $250 Cross-Border Travel Rule Threshold

The $3,000 threshold remains in place, including for qualifying crypto transfers under FinCEN's existing guidance.
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Federal Reserve
The central bank of the United States, which sets US interest rates and supervises banks.
Because the dollar is used worldwide, its rate decisions affect borrowing costs and markets in many other countries.
More about Federal ReserveCryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyMore in Macro
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