FinCEN News

U.S. Anti-Money Laundering and Combating the Financing of Terrorism laws: Where will these updates lead the crypto space?

President Joe Biden has frozen all regulatory processes including proposed FinCEN rules detrimental to the crypto industry.

Accompanying the presidential transition are some major questions about the role of social media in society and politics.

This is a big win for the crypto industry today, which was unanimous in opposition to a new anti-money laundering rule that many saw as rushed and draconian.

After watching protestors scale the walls of the Capitol Building, the U.S. will likely not be in the mood for financial regulation in the next couple of weeks.

The website accepting comments on the proposed FinCEN rule shows crypto users have until Jan. 7, not Jan. 4 as the regulator claimed.

The venture capital firm has taken issue with U.S. regulators latest move against crypto.

Major U.S crypto firms are united in opposition to new AML laws proposed by FinCEN, warning they could drive users away from regulated platforms and stifle innovation.

It looks like crypto stakeholders turned out in force, despite the Treasury's best efforts to evade scrutiny.

Eleventh-hour note announces the intention to propose a change in Foreign Bank and Financial Accounts regulations.

Coinbase is the latest company to go public with its concerns regarding the U.S. Treasury proposal on crypto wallets.

Such regulation by enforcement does indeed run the risk of stifling important and valuable innovation in the crypto space.

Coinbase says that a 15-day notice-and-comment period for FinCEN’s new crypto rules is not enough.

FinCEN posted vacancies for two high-profile crypto positions in a bid to get expert professional advice on the crypto industry.

Congressman Davidson, in particular, sees potential Treasury action as a bad idea for everybody involved.