Bitcoin Magazine reports that U.S. regulators, including FinCEN and the Federal Reserve, have withdrawn a 2020 proposal to lower the cross-border funds-transfer threshold from $3,000 to $250. The proposal also aimed to clarify that the rules would apply to cryptocurrency transactions. Regulators stated that any future version of the proposal will require a new comment period.
Based on the Bitcoin Magazine report; not independently verified.
Source published: Mon, 09 Nov 2026 15:00:00 +0000
[Read the original report](https://bitcoinmagazine.com/news/fincen-fed-withdraw-travel-rule-250)
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