Swan co-founder Yan Pritzker said the firm is pro-privacy and doesn’t oppose customers’ use of such services, but to work, it has to follow FinCEN regulations.
FinCEN News
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The Campaign for Accountability wanted to let the anti-crypto senators know that the threat of terrorist financing with crypto was worse than they thought.
10822 - Newsletter
From Hong Kong to Europe and the United States, regulators are pushing for more oversight and control over digital assets.
9908 - News
The government department warned virtual asset service providers and other financial institutions to “identify and report suspicious transactions” related to terrorist groups.
2688 - News
The bill was introduced in the evening and has not been published yet, but it is already causing a stir. Crypto Twitter calls it a “nonstarter.”
3114 - News
The court left the issue of the subordinacy of government claims open; Bittrex received multimillion-dollar credits from FinCEN and OFAC.
14294 - News
Bittrex owes $29 million in penalties for sanctions violations and may still face penalties in a case brought by the SEC.
2414 - News
There were almost twice as many state actions as federal in 2022, although both the feds and the states broke previous record by significant margins.
2493 - News
FinCEN placed Binance next to the darknet market Hydra as a major counterparty receiving Bitcoin from Bitzlato.
6956 - News
A “close look” is being taken at money laundering and terror financing laws by FinCEN as it asked banking sector players for feedback on DeFi’s crime risks.
3777 - News
“I’m just a regular Bitcoiner caught in the crosshairs,” claimed Mark Alexander Hopkins, also known as Rizzn, prior to serving their prison sentence.
11971 - News
It says users in the United States can expect digital asset services to come in the future.
2735 - News
Him Das said FinCEN’s current authority under the PATRIOT Act would likely not stop actors from engaging in illicit transactions for ransomware attacks and darknet markets.
1907 - News
“Prompt reporting of suspicious activity contributes to our national security and our efforts to support Ukraine and its people,” said FinCEN acting director Him Das.
4659 - News
The Treasury will consider imposing KYC regulations on transactions involving self-custodied wallets.
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