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Representatives Ask Mnuchin to Extend Comment Period for Proposed Wallet Rule to Traditional 60 Days

Amy Liu

Summary: Eight members of Congress have sent a letter to Treasury Secretary Steve Mnuchin expressing concern over the shortened comment period for the Treasury's recently proposed rule for virtual currency transactions. If the rule is implemented, the letter also asks FinCEN to consider a six month extension of implementation to allow stakeholders to find solutions to the ...

Eight members of Congress have sent a letter to Treasury Secretary Steve Mnuchin expressing concern over the shortened comment period for the Treasury's recently proposed rule for virtual currency transactions. If the rule is implemented, the letter also asks FinCEN to consider a six month extension of implementation to allow stakeholders to find solutions to the upcoming rule. 

By Amy Liu

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