Issue 53

Is FinCEN's U-turn on non-custodial wallet reporting a sign of changing DeFi rules?

The US stepped back from new reporting on self-hosted wallets and mixers. Few will follow right away, but it may be the moment to rethink legacy, static DeFi rules.

Cover art for “Is FinCEN's U-turn on non-custodial wallet reporting a sign of changing DeFi rules?”

This issue was published on Substack on October 8, 2026.

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