Follow up to FinCEN

announcement about Non Custodial wallets and price / transaction limits / reporting we covered last Friday. Active Twitter thread with excellent expert commentary. Check back and read more.

Comment: yes, they are handling these proposed regs and public comment’s in a very odd way. Almost as though they’re trying to drive through some regulation.

1/ There’s a reason the regulatory rulemaking process provides 30-60 days for notice & comment. So that those outside govt – consumers, industry, public interest orgs, academics, etc – have a meaningful opportunity to weigh in & provide viewpoints govt may not have considered

— Kathryn Haun (@katie_haun) December 20, 2020