FeesSafety
Pluang+

US Treasury and Fed drop plan to track crypto transfers under $3,000, keeping current threshold.

Market News
06 Nov 2026, 20:32 WIB
Bitcoin
View Source
Neutral
US Treasury and Fed drop plan to track crypto transfers under $3,000, keeping current threshold.

The US Treasury Department and Federal Reserve have withdrawn their 2020 proposal to lower the reporting threshold for international crypto transfers from $3,000 to $250. The decision follows widespread public opposition citing high compliance costs, privacy concerns, and technological challenges. Officials also noted significant changes in the crypto market and new stablecoin regulations as reasons to reassess the rules. No new rule will be issued without further public comment, preserving the current $3,000 threshold for now.

The US Treasury and Federal Reserve's decision to halt the plan to lower the crypto transfer reporting threshold provides context for crypto market activity. For readers following major cryptocurrencies, here is Pluang's market snapshot as of Nov 07, 2026 01:32 WIB: out of 50 major cryptocurrencies, 38 rose and 11 fell. XRP declined by 4.58% to Rp21.398 with a typical hold time of 73 days and a buy order activity of 68%, contrasting with CRV and SAND which rose by 3.93% and 3.92% respectively, priced at Rp4.790 and Rp791, with CRV showing a higher buy order activity of 78% compared to SAND's 59%.

More News

Ipsen reports October 2026 share capital and voting rights details as required by French regulations.

Ipsen reports October 2026 share capital and voting rights details as required by French regulations.

Ipsen has disclosed its monthly update on the total number of shares and voting rights as of October 31, 2026. The company reported 83,814,526 shares composing the share capital, with a gross total of 132,059,377 voting rights and a net total of 130,...

Company Fundamentals
Neutral
2 hours ago
Ipsen Pharma reports total shares and voting rights as of October 2026, confirming capital structure details.

Ipsen Pharma reports total shares and voting rights as of October 2026, confirming capital structure details.

Ipsen Pharma has disclosed the total number of shares and voting rights composing its capital as of October 31, 2026. The company reported 83,814,526 shares and a gross total of 132,059,377 voting rights, with a net total of 130,677,690 after excludi...

Company Fundamentals
Neutral
2 hours ago
Chery shifts to Globalization 3.0, focusing on local integration and sustainability worldwide

Chery shifts to Globalization 3.0, focusing on local integration and sustainability worldwide

At its 2026 International User Summit, Chery unveiled its Globalization 3.0 strategy, moving beyond export-driven growth to emphasize deep localization, sustainable development, and community engagement. The company is expanding local R&D, manufactur...

Market News
Bullish
2 hours ago
Sodexo reports October 2026 share capital and voting rights update.

Sodexo reports October 2026 share capital and voting rights update.

Sodexo disclosed its monthly update on share capital and voting rights as of October 31, 2026. The company has 147,454,887 shares with actual voting rights totaling 216,485,145, reflecting shares with single and double voting rights. This update is p...

Company Fundamentals
Neutral
2 hours ago
Sodexo reports total shares and voting rights as of October 31, 2026, with 147.5M shares outstanding.

Sodexo reports total shares and voting rights as of October 31, 2026, with 147.5M shares outstanding.

Sodexo announced its monthly update on the total number of shares and voting rights as of October 31, 2026. The company has 147,454,887 shares composing its capital, with 216,485,145 exercisable voting rights and 218,335,896 theoretical voting rights...

Company Fundamentals
Neutral
2 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App