The Unhosted Crypto Wallet Rule Is Back
The rule was first proposed by a U.S. money-laundering watchdog FinCEN in late 2020.
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Jan 29, 2022 at 11:13 p.m. UTC
Jan 29, 2022
FinCEN
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FinCEN, FDIC to Hold 'Tech Sprint' for Digital Identity Tools
The proliferation of scams, information leaks and synthetic identity fraud is presenting a major challenge to the online financial services industry, federal regulators said.
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Jan 12, 2022 at 6:54 p.m. UTC
Jan 12, 2022
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The Mnuchin Files: New Documents Shed Light on Trump-Era Crypto Policy
Jared Kushner advocated behind the scenes for a U.S. digital currency, among other revelations in a 250-page trove from Steven Mnuchin’s tenure at Treasury.
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Jan 11, 2022 at 1:23 p.m. UTC
Jan 11, 2022
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Government Report Suggests Tightening Regulations on Crypto ATMs
The GAO said the machines are less regulated than crypto exchanges and transactions are more difficult to trace.
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Jan 11, 2022 at 12:40 a.m. UTC
Jan 11, 2022
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Ransomware Payments in 2021 Already Dwarf Last Year’s Total, FinCEN Reports
FinCEN identified over $5 billion in transactions tied to ransomware payments based on $590 million detailed in Suspicious Activity Reports.
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Oct 16, 2021 at 12:27 a.m. UTC
Oct 16, 2021
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FinCEN: Ransomware Payments in 2021 Already Dwarf Last Year’s Total
The Financial Crimes Enforcement Network (FinCEN), the U.S. government’s financial crimes watchdog, said payments tied to ransomware attacks in 2021 are already exceeding 2020...
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Oct 15, 2021 at 10:37 p.m. UTC
Oct 15, 2021
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Crypto Isn’t the Cause of Ransomware. It Might Be the Cure
Stamping out cryptocurrency to stall ransomware attacks doesn’t make any sense, says a former U.S. Treasury official.
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Sep 14, 2021 at 6:02 p.m. UTC
Sep 14, 2021
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Bitcoin Won’t Save the Afghan People
Crypto activity in the collapsing country is likely a sign of capital flight by corrupt elites, not aid or remittances flowing in, according to one expert.
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Sep 3, 2021 at 5:16 p.m. UTC
Sep 3, 2021
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Why Did BitMEX Agree to Pay $100M Penalty to CFTC, FinCEN Settlement?
Crypto derivatives trading platform BitMEX will pay a $100 million penalty to the U.S. Commodity Futures Trading Commission (CFTC) and Financial Crimes Enforcement Network (Fi...
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Aug 12, 2021 at 2:49 p.m. UTC
Aug 12, 2021
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BitMEX Announces $100M CFTC, FinCEN Settlement
BitMEX will pay a $100 million penalty to resolve the charges, the firm announced in a blog post.
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Aug 10, 2021 at 6:24 p.m. UTC
Aug 10, 2021