BitAML Blog
Vital Crypto Compliance Issues That Are Easy To Miss
February 24, 2020
AML compliance is complex, and it can be difficult for cryptocurrency businesses and startups to dot every last I. Here are some of the...
Watch For These Testing And Monitoring Mistakes As You Grow Out Of Startup Status
February 17, 2020
When you decide to start a cryptocurrency business, there are very specific AML compliance tasks that you need to take care of before you...
For Cryptos, Money Transmitter Licensing Isn’t One-And-Done
February 10, 2020
You’re not done once you get your MTL license in-hand. In fact, the hard part has just begun. More and more states are requiring...
What cryptos can expect from a Title 31 exams
February 3, 2020
Can cryptocurrency businesses be subjected to IRS Title 31 exams? In short, yes. The IRS uses Title 31 to prevent money laundering, meaning more...
For Crypto, ‘No Action’ Can’t Last. Here’s Why.
January 28, 2020
Keeping up with changing regulations as a crypto business owner is a challenge, to say the least. An industry launched as an economical alternative...
Updated: Crypto Regulation Is On The Horizon In Sunny California
January 16, 2020
UPDATE (7/20/20): The California DBO expansion described in this article has since been quietly placed on hold, most likely due to the need to...
3 Questions That Will Shape Crypto For Years To Come
December 31, 2019
The regulatory environment for cryptocurrency businesses is very much in flux. There are a lot of changes coming, and many of them could have...
What FinCEN’s Guidances For Cryptocurrency Really Mean
December 17, 2019
FinCEN guidances have caused no shortage of confusion in the cryptocurrency community. The watchdog group has detailed the current financial laws and regulations that...
Putting Crypto’s Travel Rule Challenge In Context
December 2, 2019
At first glance, when thinking about the challenges in applying the Travel Rule to cryptocurrency, the most immediate and common reaction is to exclaim...