Tag: AML
ACFCS Launches New Crypto Compliance Designation
July 21, 2022
July 21, 2022 – BitAML is excited to announce the launch of the ACFCS (Association of Certified Financial Crime Specialists), “Crypto Compliance Specialization.” Launched...
Should automating compliance be your ultimate goal?
January 25, 2021
So you’ve automated a lot of your AML compliance. Now what? Here’s why cryptocurrency businesses shouldn’t rest on their laurels. Most entrepreneurs in the...
How To Get More Out Of Annual AML Training
June 22, 2020
An AML training program for employees is critical to the success of BSA/AML compliance for cryptocurrency businesses, but only truly effective if it includes...
How Does Bitcoin Money Laundering Hurt Businesses?
May 25, 2020
Billions of dollars have been laundered through cryptocurrency exchanges — bitcoin businesses often find themselves on the front lines Money laundering is a significant...
8 Important Ways You Can Test Your Compliance
May 11, 2020
You might be good at getting your compliance in tip-top shape ahead of an annual review, but could your business pass a surprise examination...
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...
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...
How Cryptocurrency Businesses Can Get On The Good Side Of Regulators
November 25, 2019
It’s no secret that state regulators and the cryptocurrency industry have a rocky history together. Both frequently misunderstand and work past each other, even...
Top 3 Mistakes Cryptocurrency Businesses Make In Their Annual Audit
November 11, 2019
To operate as a cryptocurrency money services business (MSB)/money transmitter, you need to complete the registration process through the Financial Crimes Enforcement Network’s (FinCEN’s)...
