Rumored FinCEN crypto regulations may be a byproduct of Iran tensions

Rumors about FinCEN crypto regulations are growing by the hour. Tensions with Iran at an all-time high. The Trump administration is taking no chances in this regard, be it militarily or economically. The latest rumors about the crypto crackdown and FinCEN crypto regulations have sparked a debate – is all this brow-beating done to counter Iran? The latest comments by Steven Mnuchin, the U.S. Treasury Secretary, have caused a panic of sorts in the crypto community. He hints at upcoming FinCEN crypto regulations that can further infuse fear into the cryptocurrency traders, investors and institutions. As per the New York