The U.S. Treasury Department has withdrawn a proposal to lower the reporting threshold for cross-border cryptocurrency transactions from $3,000 to $250. The withdrawal keeps the current $3,000 threshold, reducing data-collection requirements for exchanges and custodial institutions handling smaller transfers. Prediction markets reflect increased confidence that Bitcoin could reach higher price levels by the end of 2026. Future decisions by the Federal Reserve and the U.S. Congress, including interest-rate cuts and regulatory changes, could continue to influence market sentiment.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
