Crypto.news reports that the US Treasury Department and the Federal Reserve have withdrawn a proposal to reduce the reporting threshold for cross-border crypto transfers from $3,000 to $250. This decision maintains the current reporting and recordkeeping requirements, as stated in a joint withdrawal notice. The implications of this withdrawal for the crypto industry remain to be seen.
Based on the crypto.news report; not independently verified.
Source published: Fri, 06 Nov 2026 14:39:43 +0000
[Read the original report](https://crypto.news/us-treasury-fed-withdraw-250-crypto-travel-rule-proposal-what-does-it-mean/)
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