What changed
One would have required banks and money transmitters to collect information on certain self-hosted wallet transactions above $3,000 and report larger ones above $10,000 Treasury Department, is planning to kill two crypto surveillance proposals that spent years hanging over self-custody and privacy tools without ever becoming law US Treasury Moves to Scrap Proposed Crypto Wallet, Mixer Surveillance Rules
Why it matters
Regulatory risk around crypto markets can change volatility, liquidity, or sentiment. The concrete detail to watch is one would have required banks and money transmitters to collect information on certain self-hosted wallet transactions above $3,000 and report larger ones above $10,000
Trading lens
Use this as watchful context from news.bitcoin.com. Watch whether treasury Department, is planning to kill two crypto surveillance proposals that spent years hanging over self-custody and privacy tools without ever becoming law confirms momentum, invalidates active bias, or changes timing.