BitAML Blog
Demystifying Regulators: What They Really Want To See From Crypto
July 22, 2019
The United States and countries around the world regulate commerce and finance in an effort to create safe, fair, and competitive markets. In other...
Crypto Classifieds Scams: How To Spot A Craigslist Scam
July 15, 2019
Cryptocurrency theft has been on the rise for years with crypto scams climbing to $1.2 billion in the first quarter of 2019 according to...
Records Retention For Cryptocurrency MSBs: Here Are The Documents You Need To Keep
July 8, 2019
Records retention – it may not be the most exciting topic, but it’s definitely one of the most important for cryptocurrency businesses. Why? Because...
How Crypto Businesses Can Build A Culture Of Compliance (And, Importantly, Why They Should)
July 2, 2019
Any financial institution, including a cyptocurrency money services business (MSB) money transmitter, with a poor culture of compliance is likely to have problems with...
What cryptos need to know about the BSA’s ‘Fifth Pillar’
June 25, 2019
The BSA’s so-called ‘fifth pillar’ has created a lot of confusion over how it applies to crypto, if at all. This post explains what...
Cryptocurrency Romance Scams Are Becoming A Serious Problem. Here’s What You Can Do
June 17, 2019
It’s an unfortunate reality that the cryptocurrency space has its fair share of scams, including romance scams. According to data from the Federal Trade...
Investing In Crypto: Here Are 5 Tips To Be A Successful Investor
June 10, 2019
Interested in investing in crypto but feeling overwhelmed with no idea where to start? You’re not alone. Investing in crypto can seem scary with...
Elder Financial Exploitation: What Crypto MSBs Need To Know
June 3, 2019
If you know someone over the age of 60, then they are unfortunately at risk for something called elder financial exploitation (EFE). EFE is...
Crypto Crime for Law Enforcement Officials: What Do You Need To Know About Compliance?
May 27, 2019
In 2018, approximately $1.7 billion worth of cryptocurrency was stolen and/or scammed according to a report from CipherTrace, and $1 billion of it was...