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FinCEN withdraws proposed crypto mixing rule over ‘legitimate activity’ concerns

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The bureau under the US Treasury said it was withdrawing two proposed rules on unhosted wallets and crypto mixers ”as part of the Trump Administration’s deregulatory agenda.”

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Modern Treasury seeks US trust bank charter for digital asset custody

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The payments infrastructure company is seeking federal approval to offer stablecoin custody and related fiat services through a limited-purpose national trust bank.

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Advocacy group pushes back on banks’ lawsuit against OCC over charters

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CCI CEO Ji Hun Kim said that the organization “remains confident“ in the OCC’s approval of charters for crypto companies, despite a recent lawsuit and pushback from some lawmakers.

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CFTC joins SEC in proposing crypto framework after failed CLARITY vote

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CFTC Chair Michael Selig claimed that the agency was using its “existing statutory authorities“ to address crypto regulation after Congress failed to advance a market structure bill.

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