fincen bitcoin

‘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).’

FinCEN October Rulings and the Corresponding Perils of Decentralized Autonomous Corporations (DACs)
November 3rd, 2014

On October 27, 2014 FinCEN issued two administrative rulings with respect to the application of its regulations on virtual currencies. These rulings are significant and guest columnist CoinXoXo helps you understand why.