FinCEN
FinCEN Includes Crypto in Alert on Potential Russia Sanctions Evasions, President Biden to Sign Executive Order on Crypto
While the war between Russia and Ukraine continues, concerns regarding Russian use of cryptocurrency to circumnavigate economic sanctions have been affirmed by FinCEN in a recently issued alert. “The Hash” discusses the current state of crypto regulation as President Joe Biden plans to sign an executive order on the crypto industry following new sanctions on Russian oil imports.
Crypto Heavyweights Coinbase, Fidelity and Robinhood Back US Anti-Money Laundering Group
The 18-member Travel Rule Universal Solution Technology (TRUST) initiative addresses AML data sharing requirements prescribed by FinCEN.
A Crypto Wallet by Any Other Name…
“Unhosted”? “Self-hosted”? “Non-custodial”? What you call a crypto wallet may seem trivial but it has huge stakes for shaping public perception of cryptocurrencies – and, in turn, for regulation.
Diem May Be Gone, but Its Legacy Lives On
It's still not yet time to lay this much plagued stablecoin project to rest.
US Treasury: Unhosted Crypto Wallet Rule Will Be Considered in 2022
The U.S. Treasury Department revealed a controversial rule enforcing know-your-customer (KYC) rules on unhosted or self-hosted crypto wallets might be considered in its semiannual agenda of regulations, set to be formally published in the Federal Register on Jan. 31. The rule was first proposed in late 2020 by U.S. money-laundering watchdog FinCEN. "The Hash" squad discusses the latest in crypto regulation threatening user privacy.
The Unhosted Crypto Wallet Rule Is Back
The rule was first proposed by a U.S. money-laundering watchdog FinCEN in late 2020.
FinCEN, FDIC to Hold 'Tech Sprint' for Digital Identity Tools
The proliferation of scams, information leaks and synthetic identity fraud is presenting a major challenge to the online financial services industry, federal regulators said.
The Mnuchin Files: New Documents Shed Light on Trump-Era Crypto Policy
Jared Kushner advocated behind the scenes for a U.S. digital currency, among other revelations in a 250-page trove from Steven Mnuchin’s tenure at Treasury.
Government Report Suggests Tightening Regulations on Crypto ATMs
The GAO said the machines are less regulated than crypto exchanges and transactions are more difficult to trace.
Ransomware Payments in 2021 Already Dwarf Last Year’s Total, FinCEN Reports
FinCEN identified over $5 billion in transactions tied to ransomware payments based on $590 million detailed in Suspicious Activity Reports.
