US Government Agencies Propose Changes To Money Transfer Rules – Seek To Expand Definition Of Money To Include Cryptocurrencies | Rules – Bitcoin News

US Government Agencies Propose Changes To Money Transfer Rules – Seek To Expand Definition Of Money To Include Cryptocurrencies | Rules – Bitcoin News

The U.S. Federal Reserve and Fincen are seeking comments on their proposal to lower the threshold at which financial institutions must collect and retain information on remittances. In their joint opinion on the proposed rule change, the two US agencies want a new threshold for international transactions to be set at $ 250 less than […]

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