BitAML Blog
EU Regulators “softly approach” regulation
May 17, 2016
Late last month, EU regulators and lawmakers agreed to step lightly when it comes to regulating blockchain technology. Officials say they will “softly approach”...
FinCEN Director Calvery steps down. Her legacy.
May 17, 2016
Late last month, FinCEN Director, Jennifer Shasky Calvery, announced she was stepping down at the end of May to take a job in the private...
Bitcoin ATM Beginner’s Guide
April 26, 2016
The following is an excerpt from an article published in 99Bitcoins in which BitAML founder, Joe Ciccolo, provides a beginner’s guide to operating a compliant...
Bitcoin and Banking Relationships: BTCManager Exerpt
April 4, 2016
The following is an excerpt from an article published on BTCManager in which BitAML founder, Joe Ciccolo, discusses bitcoin and banking relationships: Joe Ciccolo,...
Happy 3rd Anniversary: FinCEN guidance
March 25, 2016
Three years ago this past Friday (03/18), FinCEN released its regulatory guidance on digital currencies. Those involved in creating, distributing, exchanging, and transmitting digital...
Busted: unregistered bitcoin MSB
March 25, 2016
Last week, it was reported that a New York man was charged with operating an unlawful money transmitting business for illegally selling bitcoin. According...
Western Union caught in money laundering probe
February 24, 2016
Late last week, the Colorado-based MSB said authorities were investigating whether the firm knew about gaming transactions involving other nations, and if sufficient AML...
Aussies: banks didn’t conspire to derisk bitcoin
February 24, 2016
The Australian Competition and Consumer Commission (ACCC) determined that there was no evidence banks colluded prior to closing accounts held by bitcoin companies. Ultimately,...
Rethinking “structuring”
February 24, 2016
The tactic of breaking up financial transactions in an effort to evade certain reporting requirements, including the $10,000 CTR threshold, is back under the...
