US feds propose changes to recognize digital currencies as money
The proposed rules include redefining ‘money’ to include digital currencies and lowering the transaction data-gathering threshold for cross-border financial transactions.
Latest Bank Secrecy Act News
BitMEX founders indicted on criminal charges, sued by US regulator
Prosecutors announced that they have indicted BitMEX’s founders for violating the Bank Secrecy Act in failing to implement required AML measures.
Crypto firms must comply with AML laws, FinCEN chief warns
It doesn’t matter whether you are a stablecoin, decentralized or centralized, you must comply with AML laws, the FinCEN chief insists.