Skip to content
MacroThe Defiant

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

By The Defiant Team

The $3,000 threshold remains in place, including for qualifying crypto transfers under FinCEN's existing guidance.

Read Original Article

Explained in this story

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 Reserve
Cryptocurrency

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 Cryptocurrency

More in Macro

From the blog