Complex Compliances: Checklist for Crypto ATM Operators
Operating a Bitcoin ATM could indeed be a lucrative business endeavor, but it just got a whole lot more complex. Go to Source Powered by WPeMatico
FinCEN
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The US Plan to Monitor Illegal Crypto Activities More Sufficiently
U.S. agencies sought millions of dollars in new funding to bolster national and international cryptocurrency investigations. Go to Source Powered by WPeMatico
FinCEN Director Blanco Concerned About Bad Actors Hijacking Crypto
The head of the agency that enforces the Bank Secrecy Act and KYC requirements in the U.S. says the agency aims to help crypto innovate responsibly. Go to Source Powered by WPeMatico
Libra Exec Hirings Suggest Commitment to Anti-Crypto Regulations
Most crypto pundits believe that Libra’s revised white paper and recent hirings signify a major shift in the company’s willingness to adhere to the SEC’s existing monetary framework Go to Source Powered by WPeMatico
US FinCEN Awards Secret Service For Seizing $22 M in Crypto
An investigation that involved several U.S. federal agencies led to the bust of the darknet operators and seizure of $22 M in cryptocurrency. Go to Source Powered by WPeMatico
Libra Association Appoints Former FinCEN Head as General Counsel
The Libra Association has appointed former FinCEN and OFAC head Robert Werner as its chief lawyer. Go to Source Powered by WPeMatico
Singapore Crypto Exchange Eyes US Expansion After Registering With FinCEN
Bitget, a Singaporean crypto exchange that claims to process $1 billion of daily trading volumes, received a license from the Financial Crimes Enforcement Network Go to Source Powered by WPeMatico
US Sanctions Strategy and Crypto: The Cracks Are Showing in Iran
The U.S. Treasury is working to enforce sanctions in crypto but economic war risks isolating the country Go to Source Powered by WPeMatico
US Congressman Introduces Crypto-Currency Act of 2020
U.S. Congressman introduces Crypto-Currency Act, looking to finally clarify which regulator is responsible for which digital assets Go to Source Powered by WPeMatico
US Develops Cryptocurrency Intelligence Program Targeting P2P Sites, Forums, Darknet Markets
The U.S. Department of Homeland Security has revealed a cryptocurrency intelligence program aimed at identifying unlicensed crypto businesses using P2P sites, online forums, and darknet markets. These areas have consistently presented “a significant challenge to law enforcement” and the Financial Crimes Enforcement Network (FinCEN). Also read: Regulatory Roundup — Trump’s Cryptocurrency Proposals, IRS Changes Rule, … Read more
