Bank Secrecy Act

Senator Elizabeth Warren (D–Mass.) (Gage Skidmore/Wikimedia Commons, modified by CoinDesk)
Warren’s Crypto Bill Is Likely Unconstitutional. It’s Also Unlikely to Pass
Democratic lawmakers signed on to sponsor the Digital Asset Anti-Money Laundering Act. The bill is bad for crypto in the U.S., even if it never gets through Congress.
Senator Elizabeth Warren (D–Mass.) (Gage Skidmore/Wikimedia Commons, modified by CoinDesk)

Israeli forces bombard Gaza City, Gaza, in response to attacks from Hamas, whose cryptocurrency backing may lend energy to U.S. Sen. Elizabeth Warren's effort to combat crypto money laundering. (Ahmad Hasaballah/Getty Images)
Hamas' Crypto Ties May Lend Energy to Sen. Warren's Money Laundering Bill
The prominent Massachusetts senator has argued the Hamas connection shows it's time to "crack down on crypto-financed crimes."
Israeli forces bombard Gaza City, Gaza, in response to attacks from Hamas, whose cryptocurrency backing may lend energy to U.S. Sen. Elizabeth Warren's effort to combat crypto money laundering. (Ahmad Hasaballah/Getty Images)

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Is 2023 the Year the US Gets Serious About Protecting Privacy?
A discussion of the Bank Secrecy Act and new privacy priorities in Congress.
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How Bank Secrecy Act Could Impact Crypto
How Bank Secrecy Act Could Impact Crypto
Shipyard Software CEO and co-founder Mark Lurie breaks down his Policy Week opinion piece on CoinDesk, titled "Sweeping Crypto Regulation? First Update the Bank Secrecy Act."...
How Bank Secrecy Act Could Impact Crypto

Legislators are proposing sweeping crypto regulations, Mark Lurie writes for CoinDesk's Policy Week. (Orjan F. Ellingvag/Corbis via Getty Images)
Sweeping Crypto Regulation? First Update the Bank Secrecy Act
The BSA’s surveillance framework is ingrained within U.S. regulators’ compliance culture – but it doesn't work for crypto.
Legislators are proposing sweeping crypto regulations, Mark Lurie writes for CoinDesk's Policy Week. (Orjan F. Ellingvag/Corbis via Getty Images)

Former BitMEX CEO Arthur Hayes Sentenced to 2 Years Probation
Former BitMEX CEO Arthur Hayes Sentenced to 2 Years Probation
Former BitMEX CEO Arthur Hayes was sentenced to two years of probation, with home detention for six months and location monitoring, in a federal courthouse in New York on Frid...
Former BitMEX CEO Arthur Hayes Sentenced to 2 Years Probation

OCC Finds Anchorage Digital Failed to Maintain Proper AML Rules
OCC Finds Anchorage Digital Failed to Maintain Proper AML Rules
Trust company Anchor Digital was cited recently by the Office of the Comptroller of the Currency (OCC) for failing to properly incorporate an anti-money laundering procedure i...
OCC Finds Anchorage Digital Failed to Maintain Proper AML Rules

(Matthew Henry/Unsplash)
The Financial Aftermath of 9/11
As the world looks back on one of the worst tragedies of the 21st century, it’s important to remember 9/11′s long-lasting aftereffects: increased financial surveillance and ex...
(Matthew Henry/Unsplash)

BitMEX Co-Founder Ben Delo Surrenders to US Authorities, Released on $20M Bond
BitMEX Co-Founder Ben Delo Surrenders to US Authorities, Released on $20M Bond
Ben Delo, a co-founder of cryptocurrency derivatives exchange BitMEX, has surrendered to U.S. authorities and is pleading not guilty to charges of violating the Bank Secrecy A...
BitMEX Co-Founder Ben Delo Surrenders to US Authorities, Released on $20M Bond

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FinCEN's Wallet Rule Aims to Close Crypto-Cash Reporting Gap, Official Says
FinCEN Deputy Director Michael Mosier encouraged commenters to provide practical, technical feedback on the rule.
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