Search Results for "fincen"
SEC Arguments against Ripple for XRP Case Are Weak, says Law Official
With the pretrial for the SEC lawsuit against Ripple Labs looming, a joint letter has been presented by both parties to lay out arguments for the case.
Stellar Lumens: FinCEN Regulatory Proposal May Have “Far-Reaching Consequences for Blockchain and Crypto”
Much like many in the blockchain and cryptocurrency industry, Stellar Lumens has taken up FinCEN on its request for comment for its proposed crypto rule.
Binance CEO CZ Denies that US Exchange Arm Was Created to Distract Regulators
The leaked "Tai Chi" document obtained by Forbes indicates that Binance.US was set up to circumvent regulation—a claim that CEO Changpeng Zhao (CZ) vehemently denies.
Heads of SEC, CFTC and FinCEN Jointly Warn Crypto Industry to Follow Regulations
The heads of the three major US financial regulators have issued a joint statement warning the cryptocurrency industry to adhere to banking regulations in the development of digital assets.
Estonia Revokes 500 Crypto Business Licenses in a Move Against Illegal Money Laundering Activities
Estonian authorities have recently revoked licenses from 500 crypto firms, and consequently tightened market regulations within the crypto sector.
Circle CEO: Treasury’s Crypto Wallet Rule is a Potential Next Level of Financial Surveillance Never Seen Before
Circle's CEO said that the proposed rule introduces a “potential for a level of financial surveillance that goes beyond anything...
FinCEN Warns Social Media Companies Involved in Crypto to be Vigilant Regarding Illicit Transactions
The Financial Crimes Enforcement Network (FinCEN) has urged social media and messaging companies that are working with on cryptocurrencies to be vigilant about illegal transactions.
French Finance Minister Praises Blockchain, but Condemns Cryptocurrency
French Finance Minister Bruno Le Maire has once again made his stance on crypto clear – he is critical of it and does not support it.