BitAML Blog
What businesses should do about FinCEN’s crypto wallet rule
January 18, 2021
A new proposed rule requiring cryptos to identify personal wallets has been criticized as impossible to implement. Will it happen? We don’t know. But,...
3 areas of state regulatory focus as ‘no action’ comes to an end
January 11, 2021
As more states explore regulatory frameworks for cryptocurrency business, here are the key areas BitAML has advised policymakers on. While we at BitAML primarily...
6 helpful tips to prepare for your annual third-party review
January 4, 2021
The timeframe for independent testing has shortened. Here’s what you can do to prepare for your next review including 6 helpful tips. As we’ve...
A look at how cryptocurrency is changing compliance
December 28, 2020
Cryptocurrency financial institutions have invested significant resources into complying with traditional financial regulations. But how is this new technology improving financial compliance as a...
5 more red flags for cryptos based on new trends
December 21, 2020
We’ve written about red flags businesses should add to their transaction monitoring before. Now, we’re offering 5 more based on recent trends. Transaction monitoring...
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...
