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.

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...