{"abstract":"FinCEN is withdrawing a notice of proposed rulemaking (NPRM) that proposed requiring banks and money service businesses (MSBs) to submit reports, keep records, and verify the identity of customers in relation to transactions involving convertible virtual currency (CVC) or digital assets with legal tender status (LTDA) held in unhosted wallets or in wallets hosted in a jurisdiction identified by FinCEN. FinCEN will not take any further action on this NPRM.","action":"Proposed rule; withdrawal.","agencies":[{"raw_name":"DEPARTMENT OF THE TREASURY","name":"Treasury Department","id":497,"url":"https://www.federalregister.gov/agencies/treasury-department","json_url":"https://www.federalregister.gov/api/v1/agencies/497","parent_id":null,"slug":"treasury-department"},{"raw_name":"Financial Crimes Enforcement Network","name":"Financial Crimes Enforcement Network","id":194,"url":"https://www.federalregister.gov/agencies/financial-crimes-enforcement-network","json_url":"https://www.federalregister.gov/api/v1/agencies/194","parent_id":497,"slug":"financial-crimes-enforcement-network"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2026/10/06/2026-20430.html","cfr_references":[{"chapter":null,"citation_url":null,"part":"1010","title":31},{"chapter":null,"citation_url":null,"part":"1020","title":31},{"chapter":null,"citation_url":null,"part":"1022","title":31}],"citation":"91 FR 63514","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"FinCEN is withdrawing the proposed rule published at 85 FR 83840 (December 23, 2020), as of October 6, 2026.","disposition_notes":null,"docket_ids":[],"dockets":[{"supporting_documents":[],"agency_name":"FINCEN","documents":[{"comment_count":0,"comment_start_date":"2026-10-06","updated_at":"2026-10-06T09:59:58.771-04:00","comment_url":"https://www.regulations.gov/commenton/FINCEN_FRDOC_0001-0251","allow_late_comments":false,"id":"FINCEN_FRDOC_0001-0251","comment_end_date":null,"regulations_dot_gov_open_for_comment":false}],"supporting_documents_count":0,"id":"FINCEN_FRDOC_0001","title":"Recently Posted FINCEN Rules and Notices."}],"document_number":"2026-20430","effective_on":null,"end_page":63515,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2026/10/06/2026-20430.xml","html_url":"https://www.federalregister.gov/documents/2026/10/06/2026-20430/requirements-for-certain-transactions-involving-convertible-virtual-currency-or-digital-assets","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/2026-20430?publication_date=2026-10-06","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2026-10-06/2026-20430/mods.xml","not_received_for_publication":null,"page_length":2,"page_views":{"count":1187,"last_updated":"2026-10-08 04:15:03 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2026-10-06/pdf/2026-20430.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":"https://public-inspection.federalregister.gov/2026-20430.pdf?1791204314","publication_date":"2026-10-06","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2026/10/06/2026-20430.txt","regulation_id_number_info":{"1506-AB47":{"issue":"202204","html_url":"https://www.federalregister.gov/regulations/1506-AB47/requirements-for-certain-transactions-involving-convertible-virtual-currency-or-digital-assets","title":"Requirements for Certain Transactions Involving Convertible Virtual Currency or Digital Assets","xml_url":"http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=202204&RIN=1506-AB47&operation=OPERATION_EXPORT_XML","priority_category":"Other Significant"}},"regulation_id_numbers":["1506-AB47"],"regulations_dot_gov_info":{"supporting_documents":[],"comments_count":0,"agency_id":"FINCEN","comments_url":"https://www.regulations.gov/docketBrowser?rpp=50&so=DESC&sb=postedDate&po=0&dct=PS&D=FINCEN_FRDOC_0001","supporting_documents_count":0,"docket_id":"FINCEN_FRDOC_0001","document_id":"FINCEN_FRDOC_0001-0251","regulation_id_number":null,"title":"Recently Posted FINCEN Rules and Notices.","checked_regulationsdotgov_at":"2026-10-07T16:55:05Z"},"regulations_dot_gov_url":null,"significant":true,"signing_date":null,"start_page":63514,"subtype":null,"title":"Requirements for Certain Transactions Involving Convertible Virtual Currency or Digital Assets; Withdrawal","toc_doc":"Requirements for Certain Transactions Involving Convertible Virtual Currency or Digital Assets; Withdrawal","toc_subject":null,"topics":[],"type":"Proposed Rule","volume":91}