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,...

Banks are highly exposed to crypto, and FinCEN has noticed

October 9, 2020
FinCEN Director Kenneth A. Blanco pointedly warns traditional banks to understand their exposure to crypto in keynote remarks. Anyone who runs a cryptocurrency financial...

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...

Putting Crypto’s Travel Rule Challenge In Context

December 2, 2019
At first glance, when thinking about the challenges in applying the Travel Rule to cryptocurrency, the most immediate and common reaction is to exclaim...

How To Know If A Customer Is A Politically Exposed Person (PEP)

October 7, 2019
It’s an exciting time to be involved in a cryptocurrency business because the industry is so new and growing so quickly. It’s a lucrative...

Cryptocompliance 101: Here Are The Regulators Every Crypto MSB Needs To Know

January 14, 2019
If you’re an entrepreneur in the cryptocurrency space, you need to learn about financial regulation quickly. A great first step is learning about the major...