FinCEN will soon issue regulations on how financial institutions should incorporate its priorities on crypto considerations into their AML programs.
Read more
Binance tackles Travel Rule compliance after multiple bans
Following bans in Japan, the U.K. and Ontario, Binance is ramping up its compliance efforts with a specialized tool developed by crypto intelligence firm CipherTrace.
Read more
‘Doctor Bitcoin’ Pleads Guilty to Running Illegal Crypto Exchange in US, Faces 5 Years in Prison
A Texas man, who calls himself “Doctor Bitcoin,” has pleaded guilty to running an illegal cryptocurrency exchange business, converting cash to bitcoin. He faces five
Read more
US Man Selling Bitcoin Without License Faces 5 Years in Prison
A New Orleans resident has been charged for selling bitcoin without registering with the Financial Crimes Enforcement Network (FinCEN). If convicted, the seller may receive
Read more
US Regulators Have Imposed $2.5 Billion Penalties on Crypto Firms and Individuals
A new report shows that U.S. regulators have imposed fines and penalties totaling $2.5 billion on crypto firms and individuals so far. The U.S. Securities
Read more
ICO issuer charged with fraud by SEC for selling unregistered security
U.S. securities regulators are still going after ICO cheats from the 2017-18 bull market. Initial coin offerings raised tens of billions of dollars during the
Read more