FinCEN
FinCEN Warns on Coronavirus Scams Demanding Crypto
FinCEN is warning cybercriminals are exploiting the COVID-19 pandemic, and asks firms to be especially vigilant regarding their dealings with virtual currencies.
Less Than 1% of FinCEN's Suspicious Activity Reports Since 2013 Mentioned Crypto
More than 70,000 crypto-related SARs had been filed with FinCEN since 2013, director Kenneth Blanco said Wednesday.
Singapore Crypto Exchange Eyes US Expansion After Registering With FinCEN
Singapore-based Bitget has registered with the U.S. Treasury Department as a money services business, the first step to launching operations in the country.
Canada's Financial Crimes Watchdog Gets Ready for FATF Compliance
Canada’s financial crimes watchdog is preparing to implement its broad new virtual currency oversight powers ahead of the Financial Action Task Force’s June 2020 deadline.
US Financial Crimes Watchdog Preparing 'Significant' Crypto Rules, Warns Treasury Secretary Mnuchin
U.S. Treasury Secretary Steven Mnuchin said FinCEN is preparing "significant new requirements" around cryptocurrencies to tamp down illicit activity.
FinCEN: Social Media Companies That Tokenize Must Follow the Law
Social networks with crypto aspirations must guard their systems against criminal exploitation, said FinCEN's deputy chief.
Poloniex Drops KYC for Withdrawals Below $10,000 Following US Exit
The new KYC requirements come a week after Poloniex completed its U.S. exit.
FinCEN Sees Jump in Crypto-Related Suspicious Activity Reports
Crypto companies have filed 7,100 Suspicious Activity Reports since May, America’s anti-money-laundering chief said at a banking conference Tuesday.
FinCEN: Stablecoin Issuers Are Money Transmitters, No Matter What
“Just because you say you are a banana doesn’t make you a banana,” said Director Blanco.
Huobi Global Is Forcing US Customers to Use Its Local Partner
The move finalizes Huobi’s shuttering of US. accounts as as it continues to push users to its San Francisco-based partner exchange, HBUS.
