ount of the customer selling CVC.”What Would be the Reporting Requirements under the Proposed Rule?A covered financial institution would be required to report the following information within its possession within 30 days of the initial detection of a covered transaction:The amount of any CVC transferred, in both CVC and its U.S. dollar equivalent when the transaction was initiated;The CVC type;The CVC mixer used, if known;CVC wallet address associated with the mixer;CVC wallet address associated with the customer;Transaction hash;Date of transaction;The IP addresses and time stamps associated with the covered transaction;A narrative; andInformation regarding the customer associated with the covered transaction, including the customer’s name, date of birth, address, email address, phone number, tax identification or other identifying number, and all accounts from or to which CVC was transferred.Comments?The Treasury Department requests comments on the proposed rule by January 22, 2024.88 Fed. Reg. 72701 (Oct. 23, 2023) (proposing 33 C.F.R. § 1010.662).Id. at. 72702.Id.Id. at 72703.Id. 88 Fed. Reg. 72703.Id. Id.Id.Id. at 72706. 88 Fed. Reg. 72704-72706.Id. at 72722 (Prop. 31 C.F.R. § 1010.662(b)).Id. (Prop. 31 C.F.R. § 1010.662(a)(1)).Id. (Prop. 31 C.F.R. § 1010.662(a)(1)). The countries in which Bitcoin currently has legal status are El Salvador and the Central African Republic. See Council on Foreign Relations, What Does the Cryptocurrency Decline Mean for Bitcoin Countries?, https://www.cfr.org/in-brief/what-does-cryptocurrency-decline-mean-bitcoin-countries. Id. (Prop. 31 C.F.R. § 1010.662(a)(3)(i)).Id. at 72722 (Prop. 31 C.F.R. § 1010.662(a)(3)(i)).Id. (Prop. 31 C.F.R. § 1010.662(a)(2)).Id. at 72703.Id. (Prop. 31 C.F.R. § 1010.662(a)(4)).See Id. (Prop. 31 C.F.R. § 1010.662(a)(5)); 31 C.F.R. § 1010.100(bbb)(1). 88 Fed. Reg. 72710.Id.Id. at 72722-72723 (Prop. 31 C.F.R. § 1010.662(b)(1)).[View source.]