FinCEN

federal-officials-in-nyc-announce-extradition-and-arraignment-of-mexican-drug-lord-el-chapo

FinCEN has posted a pair of job listings for crypto policy advisers amid rumors that new regulations around wallets will arrive soon.

By Danny Nelson

Dec 18, 2020 at 4:12 a.m. UTC

Dec 18, 2020

FinCENUS Treasury Departmentregulations

Markets

Fincen

Blockchain Bites: Google Goes Down, Nexus CEO and US Treasury Get Hacked

Yearn continues to rapidly expand through acquisitions, leading some to call it the Amazon of DeFi. A U.S. Treasury hack serves as a reminder of the amount of financial data i...

By Daniel Kuhn Marc Hochstein

Dec 14, 2020 at 5:49 p.m. UTC

Dec 14, 2020

FinCENNewslettersBlockchain Bites

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Policy

Privacy

FinCEN Encourages Banks to Share Customer Information With Each Other

The guidance is apt to chafe privacy advocates, inside and outside the crypto space, who are already uneasy about the honeypot that FinCEN’s suspicious activity report databas...

By Benjamin Powers Nikhilesh De Marc Hochstein

Dec 11, 2020 at 10:15 p.m. UTC

Dec 11, 2020

PrivacyFinCENBankingRegulation

Policy

Privacy

How FinCEN Became a Honeypot for Sensitive Personal Data

Financial data records collected by FinCEN are a valuable tool for law enforcement. They’re also a trove of personal data on people who have not committed a crime.

By Benjamin Powers

Dec 10, 2020 at 1:00 p.m. UTC

Dec 10, 2020

PrivacyFinCENComplianceRegulationFinCEN Files

treasury-secretary-mnuchin-and-fed-chair-powell-testify-on-cares-act-before-senate

Policy

Fincen

Industry Pros Weigh In on Rumors of New Crypto Wallet Regulations

From shorter consultations to insider comments, recent rumors about U.S. regulation of private crypto wallets have some compelling context.

By Ian Allison

Nov 27, 2020 at 3:21 p.m. UTC

Nov 27, 2020

FinCENFATFNetkiCrypto WalletsCipherTraceShyft NetworkTravel Rule

Policy

Fincen

Why FinCEN Wants Details on All Cross-Border Transactions Over $250

At an event Monday, FinCEN staffers discussed the “why” of a new proposal that has crypto fans concerned.

By Ian Allison

Nov 16, 2020 at 5:46 p.m. UTC

Nov 16, 2020

FinCENFATFTravel Rule

Finance

Fincen

ShapeShift Delists Privacy Coin Zcash Over Regulatory Concerns

XMR, DASH and ZEC "were delisted at the same time for the same reason – to further derisk the company from a regulatory standpoint."

By Brady Dale

Nov 10, 2020 at 7:21 p.m. UTC

Nov 10, 2020

FinCENShapeShiftZcashZECregulationsPrivacy Coins

Finance

Paypal

PayPal-Backed Blockchain Analytics Firm Hires Former US Treasury Adviser

TRM Labs, a blockchain analytics firm with backing from PayPal, is adding Ari Redbord as its head of legal and government affairs.

By Ian Allison

Oct 26, 2020 at 12:00 p.m. UTC

Oct 26, 2020

PayPalFinCENBlockchain AnalyticsTRM Labs

Policy

Fincen

US Moves to Cast a Wider Net for Catching Money Launderers, Crypto or Otherwise

The Fed and the Financial Crimes Enforcement Network want to lower the threshold for reporting financial transactions and make sure crypto is included.

By Nikhilesh De

Oct 23, 2020 at 6:35 p.m. UTC

Oct 23, 2020

FinCENFederal Reserve