1506-AB47 202110 The Regulatory Plan and the Unified Agenda of Federal Regulatory and Deregulatory Actions 1506 Financial Crimes Enforcement Network FINCEN 1500 Department of the Treasury TREAS Requirements for Certain Transactions Involving Convertible Virtual Currency or Digital Assets

FinCEN is proposing to amend the regulations implementing the Bank Secrecy Act (BSA) to require 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 ("legal tender digital assets" or "LTDA") held in unhosted wallets, or held in wallets hosted in a jurisdiction identified by FinCEN.

]]> Other Significant Previously Published in The Unified Agenda Final Rule Stage No No 31 CFR 1010 31 CFR 1020 31 CFR 1022 12 U.S.C. 1829b 12 U.S.C. 1951 to 1959 31 U.S.C. 5311 to 5314 31 U.S.C. 5316 to 5336 No NPRM 12/23/2020 85 FR 83840 NPRM Comment Period End 01/04/2021 Final Action 09/00/2022 Yes Businesses None No No Yes Yes FinCEN Regulatory Support Section 1506 Financial Crimes Enforcement Network FINCEN 800 767-2825 frc@fincen.gov P.O. Box 39, Vienna VA 22183