Wire · regulatory
FinCEN and Fed Withdraw Proposal to Lower Transfer Threshold to $250
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Fusion42 · 8 November 2026 · Fusion42 review
FinCEN and the Federal Reserve Board have withdrawn a 2020 proposal to lower the U.S. transfer threshold for recordkeeping and travel rule requirements from $3,000 to $250, keeping the current $3,000 threshold in place.
This Wire brief sits within Fusion42's coverage of Fintech, and 3 sources have reported it between 6 Nov 2026 and 8 Nov 2026.
◆ ◆ The Wire takeaway
The raised transfer threshold means you can avoid more onerous reporting requirements for smaller transactions this year. This eases compliance for crypto payment startups handling cross-border transfers under $3,000.
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3 sources · first reported 6 Nov 2026 · latest 8 Nov 2026
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