Crypto recovery rally fades as Treasury proposal weighs on gains
https://www.reuters.com/article/us-crypto-currency/crypto-recovery-rally-fades-as-treasury-proposal-weighs-on-gains-idUSKCN2D108D
A more than 10% rally in bitcoin was clipped Thursday after the U.S. Treasury Department called for new rules that would require large cryptocurrency transfers to be reported to the Internal Revenue Service.