Binance Named as Counterparty in FinCEN Order Against Bitzlato
Bitzlato is accused of laundering $700 million by U.S. authorities.
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/JFINBXRVMZH2VP5NIEEKTJBBFA.jpg)
Sponsored
Jan 19, 2023 at 7:33 a.m. UTC
Jan 19, 2023
fincen
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/LRMWIV2WFRCWRBMQS5BWAYRJSU.jpg)
Crypto Exchange Bittrex to Pay $30M in US Treasury Sanctions Settlement
Crypto exchange Bittrex will pay the U.S. Treasury Department’s sanctions and money laundering watchdogs $30 million to settle allegations it maintained a poor compliance program between 2014 and 2017.
Sponsored
Oct 11, 2022 at 2:57 p.m. UTC
Oct 11, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/CO6G3QJHAZDKHDOCH7ESOMMSRA.jpg)
US Treasury Official Warns Crypto Industry to Proactively Sanction 'Problematic' Wallets
FinCEN Associate Director Alessio Evangelista said crypto service providers shouldn't wait for the government to designate a wallet if it's being used for illicit activity.
Sponsored
May 19, 2022 at 4:37 p.m. UTC
May 19, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/IUI5LJZQXFBSJLGFKFNHXIV7ZU.jpg)
MoonPay, Startup Known for Celeb NFT Buys, Adds Obama-Era Money Laundering Watchdog
James Freis ran the Financial Crimes Enforcement Network from 2007 to 2012.
Sponsored
Mar 23, 2022 at 6:12 p.m. UTC
Mar 23, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/2JQ34CYAJJEJZIR5RL3KBQHBVY.jpg)
The Unnoticed OFAC Budget Ask in Last Week's Crypto Congressional Hearing
Whether FinCEN and OFAC have the resources they need to enforce anti-money laundering rules seems very under-discussed.
Sponsored
Mar 22, 2022 at 5:08 p.m. UTC
Mar 22, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/2PCBEQC3Y5BL3PSNWPCXDIPVIQ.jpg)
FinCEN Chief Digital Currency Adviser Korver Departs for A16z
Michele Korver, who spent less than nine months at FinCEN, will be head of regulatory at A16z.
Sponsored
Mar 15, 2022 at 11:52 a.m. UTC
Mar 15, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/G4445XZHJNBZ3L224RNTIO5ZOM.jpg)
Crypto Heavyweights Coinbase, Fidelity and Robinhood Back US Anti-Money Laundering Group
The 18-member Travel Rule Universal Solution Technology (TRUST) initiative addresses AML data sharing requirements prescribed by FinCEN.
Sponsored
Feb 16, 2022 at 1:03 p.m. UTC
Feb 16, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/XPBT6SLDUFGTNHYNQJCXCU3YYI.jpg)
A Crypto Wallet by Any Other Name…
“Unhosted”? “Self-hosted”? “Non-custodial”? What you call a crypto wallet may seem trivial but it has huge stakes for shaping public perception of cryptocurrencies – and, in turn, for regulation.
Sponsored
Feb 2, 2022 at 6:42 p.m. UTC
Feb 2, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/RSWTJH3G5NF6BEJEM5BDWIQLEI.jpg)
Diem May Be Gone, but Its Legacy Lives On
It's still not yet time to lay this much plagued stablecoin project to rest.
Sponsored
Feb 1, 2022 at 6:04 p.m. UTC
Feb 1, 2022
:format(webp)/cloudfront-us-east-1.images.arcpublishing.com/coindesk/JYE2HF2X4FCNXOLAETVNNF3TSQ.jpg)
The Unhosted Crypto Wallet Rule Is Back
The rule was first proposed by a U.S. money-laundering watchdog FinCEN in late 2020.
Sponsored
Jan 29, 2022 at 11:13 p.m. UTC
Jan 29, 2022