Andreas M. Antonopoulos says decentralized protocols are a force for good
Andreas M. Antonopoulos was a recent guest on the Brave New Coin Crypto Conversation podcast where he discussed the Ledger data breach, the proposed new FinCEN regulations and why decentralized blockchains are a force for good.
Andreas M. Antonopoulos – Why decentralized protocols are a force for good
The legendary Bitcoin evangelist, educator and advocate Andreas M. Antonopoulos returns for his second appearance on the Crypto Conversation. Topics of discussion include the Ledger data breach, crypto security, the proposed new FinCEN regulations, techno-optimism, and why decentralized blockchains are a source of hope.
European authorities swoop on bitcoin mixing service
Dutch authorities have seized the servers and domain of Bestmixer.io, one of the most popular cryptocurrency mixing services. Bitmixer is accused of money laundering and ‘dusting attacks’, where tiny amounts of cryptocurrency are sent to thousands of wallets without recipient consent.
Dapps and DEXs in FinCEN crosshairs
As the crypto asset regulatory environment begins to firm up, crypto’s reputation as the ‘wild west’, is fading. New guidance by FinCEN makes it clear that in the US, virtual currencies are subject to the same AML requirements as fiat currency.
FinCEN back on the bitcoin beat with civil penalty for peer-to-peer trader
After first issuing cryptocurrency guidance back in 2013, enforcement by the Financial Crimes Enforcement Network (FinCEN) has been out of the headlines in recent years. Now the bureau of the US Department of the Treasury is back on the bitcoin beat and taking action — dishing out a hefty fine to a prolific bitcoin trader accused of wilfully violating the Bank Secrecy Act by failing to register as an exchange.
Bitcoin is Officially a Currency, Property, Money, and Now a Commodity
In order to claim authority over Bitcoin, different branches and agencies of the US Government define the digital currency in various ways. This requires enthusiasts to be careful and aware of the jurisdictional differences when using Bitcoin or other alternative currencies in their various roles.
FinCEN Ruling Declares Asset-backed Cryptocurrency Vendor a Money Transmitter
The latest administrative ruling from the US Financial Crimes Enforcement Network (FinCEN) issued to a bitcoin brokerage company will be relevant for many digital currency startups.
Ripple Revamps Compliance Efforts, Post FinCEN Fine
Following a fine levied by the The Financial Crimes Enforcement Network and the U.S Department of Justice , Ripple developers have continued to improve their compliance efforts, and meet the extra requirements brought on because of the violation.
FinCEN Cracks Down on Suspected Money Laundering
Another exchange has come under fire for not complying with FinCEN. Anti-Money Laundering procedures are a hot focus and it is not restricted to the Bitcoin Industry. However, it appears that the two industries suffer from different penalizations.
FinCEN Confirms Larger Interest In Bitcoin Companies After Fining Ripple Labs
Jennifer Shasky Calvary, Director of Financial Crimes Enforcement Network (FinCEN), recently revealed that the watchdog and enforcement agency is actively examining the regulatory compliance of digital currency companies.
FinCEN Fines Ripple Labs $700K in Civil Enforcement Action
Ripple Labs, Inc. has been handed a US$700K civil enforcement action on behalf on the Financial Crimes Enforcement Network FinCEN http://www.fincen.gov/. Working in coordination with a number of law agencies in the U.S., FinCEN has assessed a civil money penalty for “willful violation of the Bank Secrecy...
