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

Advocates argued the rule was a "significant intrusion" into personal privacy and financial autonomy.

By 2026, the regulatory landscape shifted from total "freezes" to targeted implementation and legislative reform. Proposed Crypto Wallet Rule Among Those Frozen ...

Critics noted it was technically impossible for some decentralized finance (DeFi) protocols or smart contracts to collect the required name and address data. Advocates argued the rule was a "significant intrusion"

The FinCEN wallet rule was one of the most prominent items caught in this freeze. The proposal would have required: Proposed Crypto Wallet Rule Among Those Frozen ...