Get ready to submit your comments. Treasury thinking about labeling individual persons as "VASPs" and imposing travel rule requirements on *individuals*.
https://www.coindesk.com/fincen-proposes-kyc-rules-for-crypto-wallets
The new rule is going to be published soon in the Federal Register, and the comment window will only be 15 days. (Usually they afford a 30-60 comment period, which shows just how fast they want to push this through without getting broad feedback from industry and individuals.)
Edit: Here is a good recap and preliminary response from Coin Center: https://www.coincenter.org/a-midnight-rule-for-cryptocurrency-transaction-reports/
I'm still looking for the way to submit comments--doesn't seem to be available yet.
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