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FinCEN

Two US Senators Pen Open Letter to DOJ and DHS Concerning Crypto Use by Child Abusers

Two US Senators are writing a bipartisan letter to federal agencies about the potential use of crypto assets by child…

April 26, 2024

New Crypto Tax Law That’s ‘Impossible To Comply With’ Now in Effect, Says Coin Center – Here’s What It Is

A prominent crypto advocacy group says that new crypto tax regulations have come into effect that are impossible to comply…

January 3, 2024

US Banking Industry’s Lobby Group Helped Write Elizabeth Warren’s Anti-Crypto Bill, According to Senator

A prominent banking trade association is helping author Senator Elizabeth Warren's Digital Asset Anti-Money Laundering Act. In a new announcement,…

December 21, 2023

$144,000,000 Worth of Bitcoin Linked to Defunct Darknet Marketplace Suddenly Moves to Crypto Mixer: On-Chain Data

On-chain data reveals that hundreds of millions of dollars worth of Bitcoin (BTC) linked to a discontinued dark web marketplace…

October 25, 2023

FinCEN Introduces New Rulemaking Proposal To Surveil Crypto Mixing Services, Citing Patriot Act

The Financial Crimes Enforcement Network (FinCEN) has released a new proposal for the US government to begin monitoring crypto mixers.…

October 23, 2023

Senator Warren Leads New Crypto Crackdown, Says ‘Rogue Nations’ Using Crypto for Terrorism and Sanctions Evasion

Senator Elizabeth Warren is leading a new regulatory campaign for crypto as she says entities are using the technology to…

December 14, 2022

Bank of America Posts New Job Listing for Crypto Policy Expert

Financial services giant Bank of America is now looking to hire a crypto policy expert to help the firm navigate…

October 31, 2022

U.S. Treasury and FinCEN Hit Crypto Exchange Bittrex With $53,000,000 in Fines for Two Offences

Crypto exchange Bittrex is settling with the U.S. Treasury and the Financial Crimes Enforcement Network (FinCEN) to the tune of…

October 11, 2022

Global Top-10 Crypto Exchange Moves Closer to US Entry After Securing FinCEN License

Crypto exchange Huobi says its brokerage subsidiary has received the Money Services Business Registration License (MSB) from the US Financial…

July 7, 2022

U.S. Department of Justice Indicts BitConnect Founder in $2,400,000,000 Crypto Scheme

A federal grand jury in San Diego just indicted the founder of the BitConnect crypto scheme that allegedly defrauded thousands…

February 27, 2022