National security expert Himamauli “Him” Das will become acting director of FinCEN while a search for a permanent director gets underway.
Michele Korver will advise FinCEN Acting Director Michael Mosier on cryptocurrency's role in financial crime.
The FinCEN rule, proposed under former President Donald Trump, needs to be revisited, Sen. Pat Toomey said Thursday.
The Treasury Dept. agency is asking privacy focused companies to participate in a virtual event aimed at boosting its understanding of privacy tech.
"Nothing's been decided," says Michael Mosier, the former Chainalysis counsel who became acting head of the financial crime-fighting agency this year.
Exchange flows shift as tether continues to replace bitcoin, building quote currency dominance in altcoin trading.
Governments are becoming increasingly interested in crypto transaction surveillance, as FinCEN's hire suggests.
The Financial Action Task Force addressed DeFi and NFTs in its new proposed draft guidance, but its new definitions might be extremely broad.
The nonprofit said FinCEN's proposed rule "represents a radical extension of ... financial surveillance of innocent Americans."
Due to a lack of enforcement on the part of authorities, offshore crypto exchanges sell unregulated services to U.S. consumers "seemingly without penalty."
FinCEN Deputy Director Michael Mosier encouraged commenters to provide practical, technical feedback on the rule.
Donald Trump may have been anti-crypto but his appointed regulators ushered in a largely industry-friendly regime.