Unhosted Wallets

Latest Unhosted Wallets news and analysis from CoinDesk, the leader in crypto journalism. Read in-depth coverage, expert insights, and price updates.

Unhosted Wallets

Policy

The Unhosted Crypto Wallet Rule Is Back

The rule was first proposed by a U.S. money-laundering watchdog FinCEN in late 2020.

By Nikhilesh DeJan 29, 2022

Treasury Secretary Janet Yellen (Anna Moneymaker/Getty Images, modified by CoinDesk)

Markets

Civil Liberties Group Calls FinCEN Crypto Wallet Rule 'Unconstitutional'

The nonprofit said FinCEN's proposed rule "represents a radical extension of ... financial surveillance of innocent Americans."

By Sebastian SinclairMar 30, 2021

U.S. Department of the Treasury

Policy

FinCEN's Wallet Rule Aims to Close Crypto-Cash Reporting Gap, Official Says

FinCEN Deputy Director Michael Mosier encouraged commenters to provide practical, technical feedback on the rule.

By Nikhilesh De, Danny NelsonFeb 1, 2021

Treasury Secretary Steven T. Mnuchin
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Latest Crypto News

Yesterday
3:19 PM
Negative
Bitcoin's biggest advocate, Michael Saylor, says new plan to clean up the blockchain is 'a bad idea'
Michael Saylor argues that a new proposal, BIP-110, to temporarily block "spam" data from the Bitcoin blockchain would undermine the network's neutrality and create a dangerous precedent for censorship.
1:00 PM
Negative
Tether's USDT hits 2-year countdown threatening its position on U.S. crypto platforms
The GENIUS Act has hit its first anniversary without U.S. regulators yet meeting deadlines to write regulations, though rules will be in full effect by July 2028.
1:00 PM
Positive
Kraken says simpler options can unlock crypto's next derivatives market
The Wyoming-based firm launched USD-settled bitcoin and ether options, saying product design, not demand, has held back adoption.

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