FinCEN

Regulation

Pipe Dreams: Bitcoin Won’t Solve Pot Industry’s Banking Problem

Cryptocurrency use could give U.S. Attorney General Jeff Sessions an excuse to crack down on state-legal pot firms, an industry lawyer warns.

Policy & regulation  ·  11 November 2017
Crime

LocalBitcoins User Pleads Guilty After Undercover Sting

A Local Bitcoins seller based in Missouri has plead guilty to running an unlicensed money transmission business.

Policy & regulation  ·  3 May 2017
Regulation

Bitcoin’s DC Debut: All Eyes Watch the US Government’s Response

Bitcoin regulatory expert Jerry Brito recounts the tech's early days in Washington, DC, and the work that went into its successful regulatory debut.

Policy & regulation  ·  27 April 2017
Crime

New York Police Win FinCEN Award for Bitcoin Investigation

The New York Police Department winning an award from the Financial Crimes Enforcement network after tracing a series of bitcoin transactions.

Policy & regulation  ·  13 May 2016
IRS

FinCEN Developed Bitcoin Training for IRS Tax Examiners

FinCEN has been working with the IRS to train its examiners on relevant aspects of bitcoin technology.

Policy & regulation  ·  16 November 2015
Regulation

US Justice Department Holds Blockchain Summit in San Francisco

The US Department of Justice (DOJ) convened a first-of-its-kind conference on digital currency and the blockchain in San Francisco today.

Business  ·  10 November 2015
Regulation

FinCEN Rules Commodity-Backed Token Services are Money Transmitters

FinCEN has issued a new ruling applicable to US businesses seeking to tokenize commodities for blockchain-based trading.

Policy & regulation  ·  14 August 2015
Regulation

When the Government Knocks at Your Door

Attorney Jared Marx discusses what cryptocurrency businesses should do when face-to-face with a US government subpoena, interview or search warrant.

Policy & regulation  ·  10 May 2015
Regulation

FinCEN Conducting ‘Examinations’ of Digital Currency Businesses

The US Financial Crimes Enforcement Network has disclosed its investigations into companies in the digital currency industry.

Policy & regulation  ·  6 May 2015
Crime

FinCEN Fines Ripple Labs for Bank Secrecy Act Violations

FinCEN has fined digital currency startup Ripple Labs as part of its first civil enforcement action against an industry firm.

Policy & regulation  ·  5 May 2015
Regulation

What New FinCEN Guidance Means for US Bitcoin Companies

Payments consultant Faisal Khan looks at the options for bitcoin companies following recent new guidance from FinCEN.

Policy & regulation  ·  31 October 2014
Regulation

FinCEN Rules Bitcoin Payment Processors, Exchanges are Money Transmitters

FinCEN releases new guidance for custodial bitcoin exchanges and payment processors, ruling them money services businesses under US law.

Policy & regulation  ·  27 October 2014
Regulation

FinCEN Director: We’re Not Out to Villainize Bitcoin

CoinDesk speaks to FinCEN Director Jennifer Shasky Calvery to learn more about her agency's view on bitcoin and financial crime.

Policy & regulation  ·  30 September 2014
Regulation

FinCEN Director Jennifer Shasky Calvery: Full CoinDesk Interview

CoinDesk's full interview with FinCEN Director Jennifer Shasky Calvery on bitcoin, dark markets and more.

Policy & regulation  ·  30 September 2014
Regulation

Bitcoin Features in Latest FinCEN Suspicious Activity Report

The US financial crimes agency has published a new analysis covering positive and negative aspects of bitcoin.

Policy & regulation  ·  17 July 2014