‘There Is No Emergency Here’: Coinbase Asks FinCEN to Extend Comment Period on Wallet Regs
Two weeks during the holiday season and a pandemic is not enough time, the exchange said, asking for the customary 60 days.
Wallets
Rogue actors at e-commerce partner Shopify exposed 20,000 new Ledger customer records, including emails, names, postal addresses and phone numbers.
The crypto industry says a proposed rule to collect personal data from private wallet transactions is being rushed, might be challenged in court and could be difficult to implement.
“Indeed, cash poses a greater challenge to law enforcement than cryptocurrency in unhosted wallets," wrote Judge Zia Faruqui in an opinion on a forfeiture case.
Democracy Demands a Say in the Future of Money
Dec 30, 2020
The U.S. Treasury’s decision to impose know-your-customer rules to private cryptocurrency wallets is flawed in more ways than one.
FinCEN’s Proposed Crypto Wallet Rule Might Hit DeFi
Dec 23, 2020
FinCEN’s proposed rule regulating “unhosted” wallet transfers has a number of potential issues, including unintended consequences for decentralized finance.
Wallets
