Key Takeaways -
- The Financial Crimes Enforcement Network’s recently issued notice, which addresses regulations and increased rates of fraud surrounding convertible virtual currency kiosks, carries significant implications...more
8/11/2025
/ Anti-Money Laundering ,
Bank Secrecy Act ,
Cryptocurrency ,
Digital Assets ,
FinCEN ,
Fraud ,
Money Laundering ,
Money Services Business ,
Reporting Requirements ,
Risk Management ,
Suspicious Activity Reports (SARs) ,
Virtual Currency
In what may be good news for emerging virtual currency companies and emerging payments companies, the Financial Crimes Enforcement Network (“FinCEN”) released a public statement yesterday regarding the willingness of banks to...more
To address a perceived gap in regulatory treatment of increasingly popular virtual currencies, including Bitcoin, the U.S. Department of the Treasury Financial Crimes Enforcement Network (FinCEN) released new guidance on...more