FinCEN and Fed Withdraw $250 Travel Rule Threshold, Leaving $3,000 in Force
FinCEN and the Federal Reserve Board have withdrawn the joint proposal that would have cut the Bank Secrecy Act threshold for collecting and passing on information about cross-border funds transfers from $3,000 to $250. The withdrawal notice was filed on 6 November 2026 and is scheduled for publication in the Federal Register on 9 November 2026 as document 2026-22809, six years and ten days after the proposal appeared at 85 FR 68005.