FinCEN

US Regulators to Define Cryptocurrency as Money to Combat Terrorism Financing
Oct 26, 2020 at 14:32
News
US Regulators to Define Cryptocurrency as Money to Combat Terrorism Financing
The US Federal Reserve Board and Fincen are proposing to extend the definition of money to include cryptocurrency. This move might prove that financial regulators are willing to admit digital money as a payment method while opening up new possibilities for it. On the other hand, this might also mean a strengthening of control.
Mt.Gox Hack + BTC-e: The Biggest Money Laundering Scheme in Bitcoin
Jul 27, 2017 at 16:19
News
Mt.Gox Hack + BTC-e: The Biggest Money Laundering Scheme in Bitcoin
FinCEN and Greek police have revealed new details about the case of $4 billion money laundering via BTC-e exchange. BTC-e appeared to be connected with 300,000 BTC stolen from Mt. Gox.
Bitcoin Exchanges Must Comply with U.S. Laws
Mar 28, 2017 at 11:48
IMO as an Expert
Bitcoin Exchanges Must Comply with U.S. Laws
Bitcoin exchanges, miners, and cryptocurrency-payment processors, operating in the United States are required to comply with federal Anti-Money Laundering (AML) laws.
FinCEN Regulation vs. LocalBitcoins’ Portable Bitcoin ATM
Nov 14, 2016 at 12:49
Politics
FinCEN Regulation vs. LocalBitcoins’ Portable Bitcoin ATM
The Portable Bitcoin ATM presented by LocalBitcoins in October 2016, may cause MSB compliance issues. In a conversation with CoinIdol.com, Anti-Money Laundering specialist Joe Ciccolo advised potential consumers to heed four warnings before they begin doing business with the portable Bitcoin ATM (BTM).
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