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FinCEN

Federal officials announced the various actions against Binance on Tuesday. (Jesse Hamilton/CoinDesk)
Policy
Newsletters
Binance's Busy Day, Kraken's Second SEC Fight
Binance will pay the U.S. government $4.3 billion to settle criminal and civil charges.
Federal officials announced the various actions against Binance on Tuesday. (Jesse Hamilton/CoinDesk)
By Nikhilesh De
Nov 22, 2023 at 1:30 a.m. UTC
Nov 22, 2023
NewslettersState of CryptoRegulationsBinanceChangpeng "CZ" ZhaoCZDOJKrakenSECFinCENOFAC
Federal officials announced the various actions against Binance on Tuesday. (Jesse Hamilton/CoinDesk)
Policy
Newsletters
El día ajetreado de Binance, la segunda pelea de Kraken ante la SEC
Binance pagará al gobierno de EE. UU. 4.300 millones de dólares para resolver cargos penales y civiles.
Federal officials announced the various actions against Binance on Tuesday. (Jesse Hamilton/CoinDesk)
By Nikhilesh De
Nov 22, 2023 at 1:30 a.m. UTC
Nov 22, 2023
NewslettersState of CryptoRegulationsBinanceChangpeng "CZ" ZhaoCZDOJKrakenSECFinCENOFAC
The U.S. Treasury Department is proposing to tag crypto mixers as a money-laundering concern. (Jesse Hamilton/CoinDesk)
Policy
Regulations
U.S. Treasury Seeks to Name Crypto Mixers as 'Money Laundering Concern'
Under pressure to address reports that Hamas and other terrorist groups are partially funded with crypto, Treasury's FinCEN proposed a rule to categorize mixers as a threat.
The U.S. Treasury Department is proposing to tag crypto mixers as a money-laundering concern. (Jesse Hamilton/CoinDesk)
By Jesse Hamilton
Oct 19, 2023 at 6:17 p.m. UTC
Oct 19, 2023
RegulationsMixersTornado CashFinCENTreasuryFinancial Crimes Enforcement NetworkRulemaking
WASHINGTON, DC - MARCH 15: Sen. Elizabeth Warren (D-MA) attends a Senate Armed Services hearing on Capitol Hill March 15, 2022 in Washington, DC. The committee met to receive testimony on the posture of U.S. Central Command and U.S. Africa Command, two of the eleven unified combatant commands in the U.S. Department of Defense. (Drew Angerer/Getty Images)
Consensus Magazine
Opinion
4 Reasons Why US Lawmakers Shouldn’t Back Sen. Warren’s Latest Crypto Bill
The Digital Asset Anti-Money Laundering Act is unworkable and assuredly unconstitutional.
WASHINGTON, DC - MARCH 15: Sen. Elizabeth Warren (D-MA) attends a Senate Armed Services hearing on Capitol Hill March 15, 2022 in Washington, DC. The committee met to receive testimony on the posture of U.S. Central Command and U.S. Africa Command, two of the eleven unified combatant commands in the U.S. Department of Defense. (Drew Angerer/Getty Images)
By Bill Hughes
Feb 15, 2023 at 1:52 p.m. UTC
Feb 15, 2023
OpinionRegulationElizabeth WarrenPrivacyFinCENCongressUS
BTC, ETH Drop; Binance Named as Counterparty in FinCEN Order Against Bitzlato
Video
Binance
BTC, ETH Drop; Binance Named as Counterparty in FinCEN Order Against Bitzlato
The U.S. Justice Department's announcement on a major international cryptocurrency enforcement action resulted in a steep sell-off yesterday, causing bitcoin and ether to dip...
BTC, ETH Drop; Binance Named as Counterparty in FinCEN Order Against Bitzlato
By CoinDesk Inc
Jan 19, 2023 at 4:04 p.m. UTC
Jan 19, 2023
BinancecdtvFM ClipFinCENBitzlato
(Danny Nelson/CoinDesk)
Finance
Binance
Binance Named as Counterparty in FinCEN Order Against Bitzlato
Bitzlato is accused of laundering $700 million by U.S. authorities.
(Danny Nelson/CoinDesk)
By Amitoj Singh
Jan 19, 2023 at 7:33 a.m. UTC
Jan 19, 2023
BinanceFinCENScamsTreasuryBizlato
(Morgan Brown/Shutterstock/CoinDesk)
Policy
Regulation
Crypto Exchange Bittrex to Pay $30M in US Treasury Sanctions Settlement
Crypto exchange Bittrex will pay the U.S. Treasury Department’s sanctions and money laundering watchdogs $30 million to settle allegations it maintained a poor compliance prog...
(Morgan Brown/Shutterstock/CoinDesk)
By Nikhilesh De
Oct 11, 2022 at 2:57 p.m. UTC
Oct 11, 2022
RegulationBittrexSanctionsOFACFinCEN
FinCEN Associate Director Alessio Evangelista (Danny Nelson/CoinDesk)
Policy
Regulations
US Treasury Official Warns Crypto Industry to Proactively Sanction 'Problematic' Wallets
FinCEN Associate Director Alessio Evangelista said crypto service providers shouldn't wait for the government to designate a wallet if it's being used for illicit activity.
FinCEN Associate Director Alessio Evangelista (Danny Nelson/CoinDesk)
By Danny Nelson
May 19, 2022 at 4:37 p.m. UTC
May 19, 2022
RegulationsSanctionsFinCENOFACNorth KoreaUS
OFAC and FinCEN Lacking Resources for Crypto Regulation
Video
Federal reserve
OFAC and FinCEN Lacking Resources for Crypto Regulation
CoinDesk Managing Editor for Global Policy and Regulation Nikhilesh De discusses how OFAC and FinCEN budget concerns impact regulators’ ability to have cohesive oversight of t...
OFAC and FinCEN Lacking Resources for Crypto Regulation
By CoinDesk Staff
Mar 24, 2022 at 3:57 p.m. UTC
Mar 24, 2022
Federal ReserveRegulationJerome PowellNikhilesh DecdtvFM ClipFinCENBank of EnglandOFACAndrew Bailey
Former FinCEN Director James Freis (left) and former Treasury Secretary Henry Paulson (Dennis Brack/Bloomberg via Getty Images)
Policy
Regulations
MoonPay, Startup Known for Celeb NFT Buys, Adds Obama-Era Money Laundering Watchdog
James Freis ran the Financial Crimes Enforcement Network from 2007 to 2012.
Former FinCEN Director James Freis (left) and former Treasury Secretary Henry Paulson (Dennis Brack/Bloomberg via Getty Images)
By Jesse Hamilton
Mar 23, 2022 at 6:12 p.m. UTC
Mar 23, 2022
RegulationsFinCENMoonPay