FinCEN backs down on midnight rulemaking

We discuss FinCEN extending the comment period in its crypto rule making, which is a bit of a victory, though we’re not out of the woods yet. We also discuss crypto in the NDAA and Gary Gensler appointed to chair the SEC.FinCEN Extends Comment Period for Rule Aimed at Closing Anti-Money Laundering Regulatory Gaps for Certain Convertible Virtual Currency and Digital Asset TransactionsCoin Center files second comment in FinCEN rulemaking challenging its authority to make the surveillance ruleWhat Does the 2021 NDAA Mean for Cryptocurrency?Gary Gensler Is Picked to Lead S.E.C.