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55 Years of Financial Surveillance
28.10.2025
Reform needs to happen before the Bank Secrecy Act gets to celebrate its next big milestone, argues Nicholas Anthony, a policy analyst at the Cato Institute
Customers Bank to strengthen AML compliance after Fed scrutiny
8.8.2024
The crypto-friendly bank’s activities during the 2023 banking crisis will also be examined
Customers Bank to strengthen AML compliance after Fed scrutiny
8.8.2024
The crypto-friendly bank’s activities during the 2023 banking crisis will also be examined
BitMEX expects ‘no further fines’ for ‘old’ AML violation in US
11.7.2024
BitMEX addresses the DOJ's BSA charge as a past issue, highlighting their compliance improvements and founders' prior penalties
Crypto Exchange BitMEX Pleads Guilty to Violating the Bank Secrecy Act From 2015 to 2020
11.7.2024
BitMEX has pleaded guilty to violating the Bank Secrecy Act (BSA), according to a Wednesday announcement from the U.S. Department of Justice (DOJ)
US Treasury Charges Bittrex With Sanctions Violations, Crypto Exchange Agrees to Settle With Regulator
12.10.2022
On October 11, the U.S. Treasury department’s Financial Crimes Enforcement Network (FinCEN) and the Office of Foreign Assets Control (OFAC) announced that it has settled charges with the cryptocurrency exchange Bittrex. The crypto exchange was accused of sanctions violations and failure...
Robinhood Crypto Fined $30 Million by New York Regulator for ‘Significant Failures’ in Multiple Areas
3.8.2022
The New York State Department of Financial Services (DFS) has fined Robinhood Crypto $30 million for “significant failures in the areas of bank secrecy act/anti-money laundering (‘BSA/AML’) obligations and cybersecurity.” Robinhood Crypto Settles With the DFS The...
Crypto Travel Rule Working Group Launches 2.0 Protocol ‘Solving the Discoverability Problem’
26.6.2021
Just before the Financial Action Task Force (FATF) published the organization’s 12-month review, a working group called the Travel Rule Protocol (TRP) released its 2.0 version of the TRP crypto application programming interface (API) in order to “simplify the end-user crypto exchange...
Blockchain Bites: Bitcoin and the BSA, Signature Deposit Growth, Darknet Crypto Donors
20.10.2020
Here's all the news people are talking about in crypto today
US Financial Watchdog Fines Bitcoin Mixer Service for $60 Million
20.10.2020
Larry Dean Harmon, founder and operator of early bitcoin mixing services Helix and Coin Ninja, is being fined $60 million by the U.S. Treasury’s Financial Crimes Enforcement Network (Fincen) for allegedly violating anti-money laundering rules. According to documents published Oct. 19...
Top 10 US Retail Banks Unknowingly Serve Crypto Startups, CipherTrace Claims
16.12.2019
CipherTrace revealed research Monday showing that the top 10 retail banks by assets managed in the U.S. worked with unregistered crypto money services businesses by transmitting funds on their payment networks
Bitcoin ATM in Miami Airport Raises Questions About Traveling With Crypto
17.10.2019
Miami based bitcoin ATM maker Bitstop has recently installed Miami International Airport’s first crypto ATM, according to a press release issued October 15. The installation adds to the 106 machines the company has already placed across the U.S. Further, it raises important questions about...