Poloniex Drops KYC for Withdrawals Below $10,000 Following US Exit
The new KYC requirements come a week after Poloniex completed its U.S. exit.
FinCEN
Singapore-based Bitget has registered with the U.S. Treasury Department as a money services business, the first step to launching operations in the country.
Canada’s financial crimes watchdog is preparing to implement its broad new virtual currency oversight powers ahead of the Financial Action Task Force’s June 2020 deadline.
More than 70,000 crypto-related SARs had been filed with FinCEN since 2013, director Kenneth Blanco said Wednesday.
US Financial Crimes Watchdog Preparing ‘Significant’ Crypto Rules, Warns Treasury Secretary Mnuchin
Feb 12, 2020
U.S. Treasury Secretary Steven Mnuchin said FinCEN is preparing "significant new requirements" around cryptocurrencies to tamp down illicit activity.
Social networks with crypto aspirations must guard their systems against criminal exploitation, said FinCEN's deputy chief.
FinCEN
