Tag: FinCEN
AB 2269 vetoed. Here’s how California moves forward with sensible, effective cryptocurrency regulation.
September 26, 2022
AB 2269 vetoed. Here’s how California moves forward with sensible, effective cryptocurrency regulation. On Friday, Governor Gavin Newsom vetoed California Assembly Bill 2269 (AB...
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...
Cryptocompliance 101: 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 That 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...
Cryptocompliance 101: Key Compliance Regulations And What They Mean For Cryptocurrency
November 19, 2018
It’s pretty common for cryptocurrency entrepreneurs to feel a little overwhelmed when they first enter the space. Compliance tends to be one of the bigger...
Cryptocompliance 101: A Simple Explanation Of The Pillars Of BSA/AML Compliance For The Cryptocurrency Industry
October 15, 2018
When it comes to understanding compliance, it’s easy to get lost in a sea of legalese and confusing jargon. A lot of newcomers to...
