BitAML Blog

3 improvements you should make to your AML program this year

December 14, 2020
This year saw numerous changes, both subtle and overt, to cryptocurrency AML compliance. As 2020 draws to a close, here are some improvements you...

More pressure from regulators to banks: Ease up on crypto

December 7, 2020
The OCC is pressing banks to ease discrimination against cryptocurrency businesses. The notice could have big implications for banking crypto. While the purpose of...

Do you need a license to trade cryptocurrency?

November 23, 2020
The answer is: it depends on what kind of trading you’re engaged in. We take a closer look at what kind of trading activities...

3 big regulatory trends that will impact cryptocurrency in 2021

November 16, 2020
The cryptocurrency regulatory landscape continues to shift rapidly, and next year will show no signs of slowing down. Here are the 3 biggest trends...

Ransomware scams are on the rise: What cryptos need to know for SAR filing

November 2, 2020
FinCEN and OFAC released joint advisories warning businesses about an increase in ransomware scams, along with new instructions for Suspicious Activity Report (SAR) filing....

3 risks your customers need to be aware of

October 26, 2020
Regulators are increasingly turning their focus to the crypto space, and consumer protection continues to be a major theme. What can businesses do to...