unhosted wallets

After intense discussions inside this room in Brussels, policymakers in the European Union have finally agreed on anti-money laundering rules for crypto transactions. (Jack Schickler/ CoinDesk)
No AML Checks For Most Transfers To Unhosted Crypto Wallets, EU Policymakers Decide
A Wednesday meeting secured a final deal on anti-money laundering legislation for crypto transfers and largely overturned a proposal from the EU Parliament to impose laundering checks on all payments to private wallets.
After intense discussions inside this room in Brussels, policymakers in the European Union have finally agreed on anti-money laundering rules for crypto transactions. (Jack Schickler/ CoinDesk)

(Westend61/Getty Images, modified by CoinDesk)
The Battle for Self-Hosted Wallets
People should be able to custody their own assets without burdensome compliance.
(Westend61/Getty Images, modified by CoinDesk)

Digital Assets, From Regulation to Innovation in Federal Policy, Consensus 2022 by CoinDesk, Austin Convention Center, Austin, Texas, USA - 10 Jun 2022
Unhosted Crypto Wallet Rules Will Allow Innovation, US Treasury Official Vows
Storing crypto anonymously outside regulated venues lets people bypass sanctions and anti-money laundering checks, Deputy Secretary Wally Adeyemo said at Consensus 2022.
Digital Assets, From Regulation to Innovation in Federal Policy, Consensus 2022 by CoinDesk, Austin Convention Center, Austin, Texas, USA - 10 Jun 2022

(SEAN GLADWELL/Getty Images, modified by CoinDesk)
The European Union vs. Self-Hosted Crypto Wallets
A vote in the EU parliament presents a new challenge for crypto on the continent.
(SEAN GLADWELL/Getty Images, modified by CoinDesk)

EU lawmakers want to prohibit financial and credit institutions in the bloc from interacting with unregulated crypto firms. (Laura Zulian/Getty Images)
Lawmakers Want Unregulated Crypto Firms Out of the EU
Proposed anti-money laundering rules are up for a parliamentary committee vote on Thursday along with a separate provision seeking to end anonymous crypto transactions in the European Union.
EU lawmakers want to prohibit financial and credit institutions in the bloc from interacting with unregulated crypto firms. (Laura Zulian/Getty Images)

(Scott Rodgerson/Unsplash)
Diem May Be Gone, but Its Legacy Lives On
It's still not yet time to lay this much plagued stablecoin project to rest.
(Scott Rodgerson/Unsplash)

Treasury Secretary Janet Yellen (Anna Moneymaker/Getty Images, modified by CoinDesk)
The Unhosted Crypto Wallet Rule Is Back
The rule was first proposed by a U.S. money-laundering watchdog FinCEN in late 2020.
Treasury Secretary Janet Yellen (Anna Moneymaker/Getty Images, modified by CoinDesk)

treas
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."
treas

Treasury Secretary Mnuchin And Fed Chair Powell Testify On CARES Act Before Senate
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.
Treasury Secretary Mnuchin And Fed Chair Powell Testify On CARES Act Before Senate