Proposed Crypto Wallet Rule Among Those Frozen ... May 2026

The FinCEN wallet rule was one of the most prominent items caught in this freeze. The proposal would have required:

Automatic filing of Currency Transaction Reports (CTRs) for transactions exceeding $10,000 . Arguments and Industry Pushback Proposed Crypto Wallet Rule Among Those Frozen ...

Advocates argued the rule was a "significant intrusion" into personal privacy and financial autonomy. The FinCEN wallet rule was one of the