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Nalezeno "fincen": 251

With 6 hours left, Treasury logs almost 6000 comments on crypto monitoring proposal

5.1.2021
It looks like crypto stakeholders turned out in force, despite the Treasury's best efforts to evade scrutiny

FinCEN to Impose New Regulation for Crypto Holdings at Foreign Exchanges

1.1.2021
The Financial Crimes Enforcement Network (FinCEN) has announced that it will soon propose new regulation affecting cryptocurrency holdings at foreign exchanges. This proposal is separate from the one FinCEN recently proposed on cryptocurrency wallets. FinCEN’s New Crypto Rules FinCEN,...

FinCEN is now interested in offshore crypto holdings, proposes new regulation

1.1.2021
Eleventh hour note announces intention to propose a change in Foreign Bank and Financial Accounts regulations

FinCEN Wants US Citizens to Disclose Offshore Crypto Holdings of $10K+

31.12.2020
The Financial Crimes Enforcement Network wants U.S. persons who hold crypto in offshore accounts to report holdings over $10,000

Bitfinex CTO: Tether Is Registered and Regulated Under FinCEN- USDT Not Next Target of the US SEC

31.12.2020
The CTO at Bitfinex Paolo Ardoino has pushed back against rumours that the company’s Tether stablecoin may be the next target of the U.S. Securities and Exchange Commission (SEC). The Bitfinex executive insists that the Tether stablecoin, whose market capitalization has now surpassed...

Proposed FinCen Rule on Crypto Wallets Would Likely Be Ineffective, Elliptic Says

31.12.2020
In its public response to the US Treasury Department’s proposed rule, the blockchain analytics firm has argued that they are likely to be ineffective and counterproductive

US Treasury Warns of Increasing Ransomware Campaigns Against Coronavirus Vaccine Research Institutions

31.12.2020
The U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) issued a warning that alerts financial institutions in the United States about increasing ransomware attacks against coronavirus vaccine research organizations. US Treasury Warns of Ransomware Attacks, Phishing...

Heavy hitters of crypto call for users to comment on proposed FinCEN wallet rule

30.12.2020
Coinbase is the latest company to go public with its concerns regarding the U.S. Treasury proposal on crypto wallets

File comments against new crypto FinCEN rule, Coin Center leader urges

29.12.2020
The crypto space needs your help to impact the outcome of the United States’ Treasury’s crypto wallet proposal

Crypto Players Plea for More Opposition to FinCEN Regulation Proposal

29.12.2020
Industry players are urging the crypto community to mount an assault on Washington in a bid to halt an under-fire proposal from the US Treasury Department and the Financial Crimes Enforcement Network (FinCEN). The proposal seeks to require crypto operators to abide by regulations used to police...

SEC vs. Ripple: A predictable but undesirable development

27.12.2020
Such regulation by enforcement does indeed run the risk of stifling important and valuable innovation in the crypto space

Electronic Frontier Foundation: US Government Will Expand Financial Surveillance Through FinCEN’s Proposed Crypto Wallet Rules

24.12.2020
The Electronic Frontier Foundation (EFF) raised concerns about the strengthening financial surveillance through the proposed crypto regulations announced by the U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN). The Nonprofit Organization Is Concerned About New Rules...

Presidential Advisory Group Weighs In on Regulatory Approach to Stablecoins

23.12.2020
Stablecoins should meet the same regulatory standards as other financial instruments, Trump’s Working Group on Financial Markets said

FinCEN’s Proposed Crypto Wallet Rule Might Hit DeFi

23.12.2020
FinCEN’s proposed rule regulating “unhosted” wallet transfers has a number of potential issues, including unintended consequences for decentralized finance

Coinbase seeks extended feedback deadline to FinCEN’s new crypto rules

22.12.2020
Coinbase says that a 15-day notice-and-comment period for FinCEN’s new crypto rules is not enough

US Exchanges Fight Treasury-FinCEN Proposal That Would 'Wall Off' The Poor

22.12.2020
American crypto exchanges have begun a fightback against new Treasury-backed proposals that would seek to force trading platforms in the nation to report certain transactions to a state-appointed monitor. The plans in question were revealed on Friday and were met with an immediate backlash from...

US Treasury Unveils Stifling Crypto Wallet Regulation — Experts Break Down the Rules

19.12.2020
The Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Treasury Department, has unveiled its proposed rules on transactions involving cryptocurrency wallets. Experts in the crypto community have weighed in on what the new proposed regulation means, what crypto owners should do,...