FinCEN Warns Financial Institutions of Crypto Kiosk Scams
The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued a notice urging financial institutions to watch for…
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U.S. Government Begins to Sever Cambodia’s Huione Group from Financial System
The U.S. Treasury Department proposed cutting off the Cambodia-based Huione Group from the U.S. financial system, citing the…
US sanctions Russian crypto platforms for money laundering ties
Two crypto exchanges and two individuals have been sanctioned for ties to underground finance. Czytaj więcej We współpracy…
R.I.P. Unhosted Wallet Rule
In 2020, the Financial Crimes Enforcement Network proposed imposing know-your-customer requirements on unhosted wallets, drawing immense backlash from…
US mulls applying fiat reporting mandate on crypto transfers
The US Treasury and Federal Reserve plan to redefine “money” used under the Bank Secrecy Act, aiming to…
Bitcoin Adversary Senator Bob Menendez Found Guilty In Federal Bribery Case
[[{„value”:” In a shocking turn of events, United States Senator Bob Menendez, a Democrat from New Jersey and…
Crypto Exchange Bitmex Pleads Guilty to Violating Bank Secrecy Act, AML Failures
Crypto exchange Bitmex has pleaded guilty to violating the Bank Secrecy Act (BSA) by failing to maintain an…
BitMEX expects ‘no further fines’ for ‘old’ AML violation in US
BitMEX addresses the DOJ’s BSA charge as a past issue, highlighting their compliance improvements and founders’ prior penalties.…
New Crypto Regulation: Firms In Hawaii Now Exempt From MT License Requirement
[[{„value”:” Hawaii’s regulator announced the official end of the Digital Currency Innovation Lab (DCIL) on June 30. The…
Hawaii Ends Money Transmitter License Requirement for Crypto Firms
[[{„value”:” Coinspeaker Hawaii Ends Money Transmitter License Requirement for Crypto Firms Crypto businesses in Hawaii can now operate…