Tag: compliance
Cryptocompliance 101: How To Assess HIFCA And HIDTA Risk For MSBs
August 12, 2019
If you’re newer to crypto, you might hear the acronyms HIFCA and HIDTA tossed about in relation to risk analysis. If so, you’ve probably...
Crypto Exchanges: How To Select Coins And Stay In Compliance
August 5, 2019
How do crypto exchanges select the coins they offer their customers? It’s not as simple as picking a popular coin and figuring out how...
5 Red Flags No Crypto Business Should Ever Ignore
July 29, 2019
Cryptocurrency businesses (specifically money services businesses (MSBs) money transmitters), whether consisting of large, international crypto exchanges or a single bitcoin ATM, must monitor transactions...
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...
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...
What are law enforcement requests and how to respond when you get them
April 22, 2019
It’s common for cryptocurrency business owners to be unfamiliar with law enforcement requests. If you’re unsure of how you’d handle a law enforcement request...
[UPDATED] Operating in marijuana-legal states comes with important rules for crypto MSBs
April 16, 2019
Hi there. A lot has changed in this space since this article was published, so we’ve recently published an updated blog post on the...
