The U.S. Treasury Department has formally withdrawn a 2020 proposal to impose know-your-customer (KYC) requirements on non-custodial crypto wallets, as reported by Nikhilesh De for CoinDesk. This decision, finalized on August 19, concludes a years-long debate that originated in the last days of the Trump administration. In December 2020, the Financial Crimes Enforcement Network (FinCEN), […]
