Perianne Boring, president of the Chamber of Digital Commerce, discusses the controversial ‘crypto wallet rule’ and how the industry pulled together to force FinCEN to consider more public comments. 

The U.S. Financial Crimes Enforcement Network’s (FinCEN) proposed “crypto wallet rule,” which had been championed by former treasury secretary Steven Mnuchin, is currently on hold so the agency can gather more public comments. But the blockchain, crypto and digital asset industry’s sentiments are already clear.