Monero Rejects FinCEN Identification Guidelines

Monero Does Not Interfere with FinCEN Identification Guidelines | Crypto Briefing

Monero Compliance Workgroup published a statement suggesting that “The Funds Travel Rule” does not apply to XMR itself. Such a scenario limits scrutiny of Monero and preserves its privacy-enabling properties. Monero published its stance on regulations that require money services businesses (MSB) to trace user identities. The U.S.