The US Treasury Department is set to introduce a new self-regulating cryptocurrency wallet, the policy said.
According to The Block, the US Treasury Department is set to announce new business rules for financial services companies dealing with self-hosted crypto wallets. The source said the actual details have not been confirmed and have been exchanged. The law can be based on the final opinion of the law or the law and can be announced as early as Friday. There is a public comment period after the law is enacted. The law requires financial services companies to file a financial statement report (CTR) when a consumer trades cryptocurrency in their own wallet, which is associated with services and exchange rates are more than uncertain. According to the Financial Crimes Commission (FinCEN), regulated financial institutions are required to report "currency changes by one or more agents and multiple benefits."
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