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Regulation
US Drops Proposed Crypto Transfer Rule While Europe Retains Similar Restrictions
(3 hours ago) · 1 source · Summarized by CryptoBipto
The United States has dropped a proposed regulation that would have imposed requirements on crypto transfers. Meanwhile, Europe still maintains rules that can delay or hold up crypto transfers of $500 or more.
WHY IT MATTERS
When you send money through a bank, the bank often checks who is sending and receiving the funds, especially for larger amounts.
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SOURCES
- cryptoslate.com
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Crypto RegulationAnti-Money LaunderingUS PolicyEuropean RegulationTransfer Rules
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