Tag: MSB
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...
Cryptocurrency Romance Scams Are Becoming A Serious Problem. Here’s What You Can Do
June 17, 2019
It’s an unfortunate reality that the cryptocurrency space has its fair share of scams, including romance scams. According to data from the Federal Trade...
BSA/AML Compliance For Crypto Exchanges: How To Stay Compliant
May 6, 2019
Cryptocurrency compliance can be challenging, so today, we’re focusing on what crypto exchanges need to do to be compliant with relevant regulations as part...
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...
Cryptocompliance 101: How To Know If Your Cryptocurrency Business Is An MSB In The Eyes Of Regulators
October 29, 2018
Updated: February 7, 2023 Many of the same rules and regulations that apply to traditional financial institutions and money services businesses (MSBs) money transmitters...
Analysis: Western Union Settlement
January 25, 2017
The following is an excerpt from an article published on NASDAQ.com and Bitcoin Magazine in which BitAML founder, Joe Ciccolo, analyzes the recent FinCEN enforcement...
Fintech Firms Trek Towards Compliance
December 29, 2016
The following is an excerpt from an article published on Moneylaundering.com in which BitAML founder, Joe Ciccolo, shares his thoughts on the evolution of...
FinCEN Regulation vs. LocalBitcoins’ Portable Bitcoin ATM
November 14, 2016
The following is an interview of BitAML Founder & President, Joe Ciccolo, originally published on CoinIdol. In it, Joe discusses the regulatory compliance implications...
FinCEN Talks “De-Risking” (again)
June 9, 2016
Earlier this week, FinCEN released a transcript of prepared remarks delivered by Deputy Director Jamal El-Hindi to the Conference of State Bank Supervisors (CSBS) on...
