FinCEN extends comment period for proposed non-hosted wallets rule
The Notice of Proposed Rulemaking imposes new requirements on banks and money service businesses when handling non-hosted wallets.
Latest Financial Crimes Enforcement Network News
FinCEN extends consultation for digital currency wallet rule
The period for comments has been extended for a further 15 days to allow submissions on a proposed $10,000 limit per transactions.
Massive anti-money laundering reform suggests busy year for US regulators
The United States has passed huge reforms to its anti-money laundering regime, bringing digital asset exchanges and others dealing in digital assets further within the reach of regulators.
US citizens may need to disclose offshore digital currency holdings soon
In its latest regulatory measure, FinCEN is proposing that U.S. citizens report if they have more than $10,000 in digital currencies with foreign exchanges, wallets or financial service providers.
FinCEN looking for digital currency policy advisor as it ramps us KYC regulation
The U.S. Treasury Department is seeking to hire a policy advisor to guide its digital currency oversight duties.
FinCEN proposes new KYC rules for ‘non-hosted’ wallets
The U.S. Financial Crimes Enforcement Network has posted a proposal for new rules concerning "non-hosted" digital asset wallets.
First Bitcoin mixer to be penalized by FinCEN fined $60 million
Larry Dean Harmon is accused of willfully failing to properly register Helix and Coin Ninja and willfully failing to implement an effective anti-money laundering program within either business.
Chainalysis hires ex-FinCEN official amid tougher crypto compliance burden
Former chief of strategic advancement and tactical development at FinCEN Mike Mosier brings extensive compliance and enforcement experience to Chainalysis.
