Exchanges to verify the identity of owners for transactions over $3,000 to unhosted wallets.
Critics noted it was technically impossible for some decentralized finance (DeFi) protocols or smart contracts to collect the required name and address data. Proposed Crypto Wallet Rule Among Those Frozen ...
By 2026, the regulatory landscape shifted from total "freezes" to targeted implementation and legislative reform. Exchanges to verify the identity of owners for
Automatic filing of Currency Transaction Reports (CTRs) for transactions exceeding $10,000 . Arguments and Industry Pushback 000 . Arguments and Industry Pushback