financial crimes enforcement network

‘ISIL May be Using Bitcoin,’ Says FinCEN Director Jennifer Calvery
November 17th, 2015

Speaking at the anti-money launcdering conference in Washington, FinCEN Director Jennifer Shasky Calvery said the agency should focus on both tranditional payment methods and digital currency, which was used by ISIL to finance their operations.

FinCEN Slaps Ripple Labs with $700K Fine
May 6th, 2015

The Financial Crimes Enforcement Network (FinCEN) assessed a $700,000 civil money penalty yesterday against Ripple Labs Inc for ‘willfully violating several requirements of the Bank Secrecy Act (BSA).’