FinCEN News

Tracing 66,000 Bitcoins: What We Should Learn From BTC-e Story

AUG 14, 2017 | Iyke Aru

Compliance-as-a-service company, Coinfirm claims to know where over 66,000 Bitcoins were moved after the BTC-e hack.

14872 | 9

Cryptsy: ‘We Have Never Been Investigated for Anything’

OCT 06, 2015 | Joseph Young

US Securities and Exchange Commission (SEC), the Internal Revenue Service, FinCEN, Department of Homeland Security, and other government agencies have officially launched multiple investigations into Cryptsy

20

AUG 28 DIGEST: Major Mining Pools Support BIP100; Tree Signatures Proposed by Blockstream's Pieter Wuille

AUG 28, 2015 | Aaron van Wirdum

Bitcoin mining pools BTCChina, BitFury, KnCMiner and 21 Inc. are now publicly backing Core developer Jeff Garzik's BIP100 block size limit proposal, and more top stories for August 28.

13

EU Banks Forced to Report Bitcoin-Linked Accounts Transacting Over €1,000

JUN 24, 2015 | Charlie Richards

An anonymous Dutch bank employee has revealed that major banks in the EU are applying new rules forcing banks

20

FinCEN Examinations of Digital Currency Businesses ‘Will Drive Innovation Overseas'

MAY 07, 2015 | Charlie Richards

The United States' Financial Crimes Enforcement Network (FinCEN) has announced it is working to investigate a string of digital currency businesses, assessing whether they meet financial regulations for the sector.

8

MAY 7 DIGEST: Cryptor Trust Launches Blockchain Investment Company, FinCEN to Examine Crypto-related Businesses.

MAY 07, 2015 | Daniel O. Nyairo

Cryptor Trust launches a blockchain investment company, FinCEN says it is to perform an examination of digital currency-related enterprises and more news.

12

FinCEN Fines Ripple Labs $700K in Civil Enforcement Action

MAY 06, 2015 | Travis Patron

Ripple Labs, Inc. has been handed a US$700K civil enforcement action on behalf on the Financial Crimes Enforcement Network (FinCEN).

61

IRS Seizes Assets on Suspicion Only: Bitcoin could be Next

OCT 28, 2014 | Carlo Caraluzzo

The law, known as “civil asset forfeiture” was structured to not only track deposits made by suspected criminals but to seize them as well. But anyone who knows how bureaucracies operate knows that laws such as this often result in a slippery slope, sweeping up the innocent along with the guilty more often than not. This might not be much of a concern for members of the Bitcoin community except for two things: the IRS ruling that Bitcoin is property instead of currency and Structuring (31 U.S. Code § 5324), also known as “smurfing.”

18

US Regulators’ One-Two Punch: SEC Probes Crowdsales, FinCEN Takes Aim at Exchanges

OCT 28, 2014 | Armand Tanzarian

In the last 24 hours, a couple of developments coming out of the US have shaken up American cryptocurrency communities.

12

Legal Basics: Owning and Using Bitcoin in the United States

JUN 06, 2014 | Armand Tanzarian

The question of how Bitcoin and cryptocurrencies in general fit into the American legal system at the federal and state levels is a great one.

120

IRS cuts Bitcoin some slack, continues probe

JUN 06, 2014 | Cyril Gilson

Some respite from the IRS following its controversial guidance on digital currencies: for this tax season, at least, holdings need not be declared on US FBAR forms.

1

FinCEN not requiring individual Bitcoin miners to register

DEC 30, 2013 | Eric Barrier

Some good news came out of the US Treasury Department for American Bitcoin miners.

1

FinCEN Making Attempts to Regulate the Bitcoin Environment in the USA

DEC 19, 2013 | Cointelegraph

The FinCEN warned companies working with bitcoin or providing crypto currency services of the necessity to correspond to the federal money transmission laws.

–

The case for regulation

NOV 19, 2013 | Eric Barrier

Daniel Cawrey at CoinDesk broke down a few arguments for why government regulation on some level would be a benefit to Bitcoin.

3

Another take on the Senate Bitcoin hearing

NOV 19, 2013 | Eric Barrier

Danny Bradbury at CoinDesk reports an ominous tone from Washington.

1

Tracing 66,000 Bitcoins: What We Should Learn From BTC-e Story

AUG 14, 2017 | Iyke Aru

Compliance-as-a-service company, Coinfirm claims to know where over 66,000 Bitcoins were moved after the BTC-e hack.

14872 | 9

EU Banks Forced to Report Bitcoin-Linked Accounts Transacting Over €1,000

JUN 24, 2015 | Charlie Richards

An anonymous Dutch bank employee has revealed that major banks in the EU are applying new rules forcing banks

20

AUG 28 DIGEST: Major Mining Pools Support BIP100; Tree Signatures Proposed by Blockstream's Pieter Wuille

AUG 28, 2015 | Aaron van Wirdum

Bitcoin mining pools BTCChina, BitFury, KnCMiner and 21 Inc. are now publicly backing Core developer Jeff Garzik's BIP100 block size limit proposal, and more top stories for August 28.

13

Cryptsy: ‘We Have Never Been Investigated for Anything’

OCT 06, 2015 | Joseph Young

US Securities and Exchange Commission (SEC), the Internal Revenue Service, FinCEN, Department of Homeland Security, and other government agencies have officially launched multiple investigations into Cryptsy

20

Legal Basics: Owning and Using Bitcoin in the United States

JUN 06, 2014 | Armand Tanzarian

The question of how Bitcoin and cryptocurrencies in general fit into the American legal system at the federal and state levels is a great one.

120

FinCEN Fines Ripple Labs $700K in Civil Enforcement Action

MAY 06, 2015 | Travis Patron

Ripple Labs, Inc. has been handed a US$700K civil enforcement action on behalf on the Financial Crimes Enforcement Network (FinCEN).

61

MAY 7 DIGEST: Cryptor Trust Launches Blockchain Investment Company, FinCEN to Examine Crypto-related Businesses.

MAY 07, 2015 | Daniel O. Nyairo

Cryptor Trust launches a blockchain investment company, FinCEN says it is to perform an examination of digital currency-related enterprises and more news.

12

Another take on the Senate Bitcoin hearing

NOV 19, 2013 | Eric Barrier

Danny Bradbury at CoinDesk reports an ominous tone from Washington.

1

The case for regulation

NOV 19, 2013 | Eric Barrier

Daniel Cawrey at CoinDesk broke down a few arguments for why government regulation on some level would be a benefit to Bitcoin.

3

FinCEN Making Attempts to Regulate the Bitcoin Environment in the USA

DEC 19, 2013 | Cointelegraph

The FinCEN warned companies working with bitcoin or providing crypto currency services of the necessity to correspond to the federal money transmission laws.

–

FinCEN not requiring individual Bitcoin miners to register

DEC 30, 2013 | Eric Barrier

Some good news came out of the US Treasury Department for American Bitcoin miners.

1

IRS cuts Bitcoin some slack, continues probe

JUN 06, 2014 | Cyril Gilson

Some respite from the IRS following its controversial guidance on digital currencies: for this tax season, at least, holdings need not be declared on US FBAR forms.

1

US Regulators’ One-Two Punch: SEC Probes Crowdsales, FinCEN Takes Aim at Exchanges

OCT 28, 2014 | Armand Tanzarian

In the last 24 hours, a couple of developments coming out of the US have shaken up American cryptocurrency communities.

12

IRS Seizes Assets on Suspicion Only: Bitcoin could be Next

OCT 28, 2014 | Carlo Caraluzzo

The law, known as “civil asset forfeiture” was structured to not only track deposits made by suspected criminals but to seize them as well. But anyone who knows how bureaucracies operate knows that laws such as this often result in a slippery slope, sweeping up the innocent along with the guilty more often than not. This might not be much of a concern for members of the Bitcoin community except for two things: the IRS ruling that Bitcoin is property instead of currency and Structuring (31 U.S. Code § 5324), also known as “smurfing.”

18

FinCEN Examinations of Digital Currency Businesses ‘Will Drive Innovation Overseas'

MAY 07, 2015 | Charlie Richards

The United States' Financial Crimes Enforcement Network (FinCEN) has announced it is working to investigate a string of digital currency businesses, assessing whether they meet financial regulations for the sector.

8

Tracing 66,000 Bitcoins: What We Should Learn From BTC-e Story

AUG 14, 2017 | Iyke Aru

Compliance-as-a-service company, Coinfirm claims to know where over 66,000 Bitcoins were moved after the BTC-e hack.

14872 | 9

Another take on the Senate Bitcoin hearing

NOV 19, 2013 | Eric Barrier

Danny Bradbury at CoinDesk reports an ominous tone from Washington.

1

The case for regulation

NOV 19, 2013 | Eric Barrier

Daniel Cawrey at CoinDesk broke down a few arguments for why government regulation on some level would be a benefit to Bitcoin.

3

FinCEN Making Attempts to Regulate the Bitcoin Environment in the USA

DEC 19, 2013 | Cointelegraph

The FinCEN warned companies working with bitcoin or providing crypto currency services of the necessity to correspond to the federal money transmission laws.

–

FinCEN not requiring individual Bitcoin miners to register

DEC 30, 2013 | Eric Barrier

Some good news came out of the US Treasury Department for American Bitcoin miners.

1

IRS cuts Bitcoin some slack, continues probe

JUN 06, 2014 | Cyril Gilson

Some respite from the IRS following its controversial guidance on digital currencies: for this tax season, at least, holdings need not be declared on US FBAR forms.

1

Legal Basics: Owning and Using Bitcoin in the United States

JUN 06, 2014 | Armand Tanzarian

The question of how Bitcoin and cryptocurrencies in general fit into the American legal system at the federal and state levels is a great one.

120

US Regulators’ One-Two Punch: SEC Probes Crowdsales, FinCEN Takes Aim at Exchanges

OCT 28, 2014 | Armand Tanzarian

In the last 24 hours, a couple of developments coming out of the US have shaken up American cryptocurrency communities.

12

IRS Seizes Assets on Suspicion Only: Bitcoin could be Next

OCT 28, 2014 | Carlo Caraluzzo

The law, known as “civil asset forfeiture” was structured to not only track deposits made by suspected criminals but to seize them as well. But anyone who knows how bureaucracies operate knows that laws such as this often result in a slippery slope, sweeping up the innocent along with the guilty more often than not. This might not be much of a concern for members of the Bitcoin community except for two things: the IRS ruling that Bitcoin is property instead of currency and Structuring (31 U.S. Code § 5324), also known as “smurfing.”

18

FinCEN Fines Ripple Labs $700K in Civil Enforcement Action

MAY 06, 2015 | Travis Patron

Ripple Labs, Inc. has been handed a US$700K civil enforcement action on behalf on the Financial Crimes Enforcement Network (FinCEN).

61

MAY 7 DIGEST: Cryptor Trust Launches Blockchain Investment Company, FinCEN to Examine Crypto-related Businesses.

MAY 07, 2015 | Daniel O. Nyairo

Cryptor Trust launches a blockchain investment company, FinCEN says it is to perform an examination of digital currency-related enterprises and more news.

12

FinCEN Examinations of Digital Currency Businesses ‘Will Drive Innovation Overseas'

MAY 07, 2015 | Charlie Richards

The United States' Financial Crimes Enforcement Network (FinCEN) has announced it is working to investigate a string of digital currency businesses, assessing whether they meet financial regulations for the sector.

8

EU Banks Forced to Report Bitcoin-Linked Accounts Transacting Over €1,000

JUN 24, 2015 | Charlie Richards

An anonymous Dutch bank employee has revealed that major banks in the EU are applying new rules forcing banks

20

AUG 28 DIGEST: Major Mining Pools Support BIP100; Tree Signatures Proposed by Blockstream's Pieter Wuille

AUG 28, 2015 | Aaron van Wirdum

Bitcoin mining pools BTCChina, BitFury, KnCMiner and 21 Inc. are now publicly backing Core developer Jeff Garzik's BIP100 block size limit proposal, and more top stories for August 28.

13

Cryptsy: ‘We Have Never Been Investigated for Anything’

OCT 06, 2015 | Joseph Young

US Securities and Exchange Commission (SEC), the Internal Revenue Service, FinCEN, Department of Homeland Security, and other government agencies have officially launched multiple investigations into Cryptsy

20