Posted inBlockchainFacebook Libra: The Latest Crypto Used in Illegal Financial Activities?April 20, 2024“With the evolution of virtual currencies and new marketplaces, nefarious actors are continuously adapting to…
Posted inBlockchainHeads of SEC, CFTC and FinCEN Jointly Warn Crypto Industry to Follow RegulationsApril 20, 2024The heads of the three major US financial regulators have issued a joint statement warning…
Posted inBlockchainDirector of FinCEN Affirms That Cryptocurrency Industry Is in Line With Agency RegulationsApril 20, 2024The director of FinCEN (Financial Crimes Enforcement Network) Kenneth. A Blanco believes that the cryptocurrency industry is…
Posted inBlockchainFinCEN Warns Social Media Companies Involved in Crypto to be Vigilant Regarding Illicit TransactionsApril 20, 2024The Financial Crimes Enforcement Network (FinCEN) has urged social media and messaging companies that are working with on…
Posted inBlockchainCrypto & the FATF Travel Rule: FinCEN Suggests Challenges in Governance, Not TechnologyApril 19, 2024The Financial Action Task Force (FATF) Travel Rule has been in the center of attention…
Posted inBlockchainLeaked FinCEN Files: $137M Linked to Crypto Ponzi Scam OneCoin Laundered Through Bank of New York MellonApril 19, 2024A leaked trove of US official documents revealed that five major banks – Deutsche Bank,…
Posted inBlockchainFinCEN Director Kenneth Blanco Warns Banks to Take Crypto AML SeriouslyApril 19, 2024Kenneth Blanco, the Director of the US Financial Crimes Enforcement Network (FinCEN) warned banks to…
Posted inBlockchainFirst Bitcoin Mixer Slapped with $60M Fine by FinCEN in Money Laundering CrackdownApril 19, 2024The Financial Crimes Enforcement Network (FinCEN) has charged a Bitcoin-mixing operator with a $60 million…
Posted inBlockchainFrench Finance Minister Praises Blockchain, but Condemns CryptocurrencyApril 19, 2024French Finance Minister Bruno Le Maire has once again made his stance on crypto clear…
Posted inBlockchainCircle CEO: Treasury’s Crypto Wallet Rule is a Potential Next Level of Financial Surveillance Never Seen BeforeApril 19, 2024The US Treasury Department recently proposed a new regulation, which requires banks and money service…