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Trump’s FinCEN Pirates Extort $35,000 from Old-Fashioned Bitcoin Trader

19/04/2019

By CCN: For the first time, FinCEN – the Financial Crimes Enforcement Network – has fined a peer-to-peer Bitcoin trader ...

Regulatory Overreach is Crippling the U.S. Crypto Sector: Law Prof.

by Mark Emem

09/12/2018

A law professor has reached an unflattering conclusion regarding the regulatory climate of the crypto space in the United States ...

Hawaiian Electric Utility Scam Threatens Disconnection Unless Bitcoin Bill is Paid

by Mark Emem

18/08/2018

It’s a case of an old scam in a new wineskin. Customers of electric utility companies in the state of ...

LocalBitcoins Trader ‘Bitcoin Maven’ Sentenced to Prison for Money Laundering

by Lester Coleman

16/07/2018 - Updated on 15/07/2018

LocalBitcoins trader Theresa Lynn Tetley, better known as the “Bitcoin Maven,” has been sentenced to 12 months and a day in ...

Trump Task Force to Fight Financial Crimes Includes Cryptocurrencies

by Lester Coleman

12/07/2018

President Donald Trump has ordered the U.S. Attorney General to develop a Department of Justice task force on market integrity ...

$1.2 Billion in Cryptocurrency Laundered Through Bitcoin Tumblers, Privacy Coins

by Shaurya Malwa

05/07/2018

California-based blockchain and cryptocurrency security firm CipherTrace released its Q2 2018 report in July 2018 and noted the rise of ...

Fintech Firm Wyre Raises $5.8 Million for “Fastest Blockchain Cross-Border Payments Platform”

ICOs Likely Subject to Money Transfer Laws: FinCEN

by Josiah Wilmoth

07/03/2018

Initial coin offering (ICO) operators have long known that they risked running afoul of US securities laws. However, a newly ...

Court Sentences Detroit Man For Trading Bitcoin Without Proper License

by Lester Coleman

08/12/2017

A federal court has sentenced a Detroit man to a year and a day in prison and three years of ...

Arrests And Prosecutions Reveal Big Vagaries In Bitcoin Selling Regulations

by Lester Coleman

23/05/2016 - Updated on 20/02/2017

U.S. laws governing bitcoin trading are vague and sometimes lead to complicated law enforcement actions, according to an article in ...

FinCEN Tightens Its Noose Around Precious Metal Traders Using The Block Chain

by Lester Coleman

17/08/2015 - Updated on 22/01/2016

As financial service firms expand their use of the bitcoin block chain for trading and business activity, the Financial Crimes ...

Ripple Labs Fined $700,000 by FinCEN for Non-Compliance

by P. H. Madore

06/05/2015

FinCEN announced on Monday that it is fining Ripple Labs, Inc., the creator of XRP, for selling XRP without first ...

Bitcoin News in Review: SEC, Bitcoin Price, Hacks, and More

by Neil Sardesai

03/11/2014

Happy Sunday, and welcome back to another Bitcoin News in Review, where we feature some of the biggest stories of ...

U.S. Regulators Battle Bitcoin Businesses for Control

by Evander Smart

01/11/2014

When you are a government as large, powerful, and desperate as the one that controls the United States, things many ...

Digital Chamber of Commerce Launches Initiative to Educate and Organize Industry

by Drew Cordell (@DrewjCordell)

01/11/2014

This week, FinCEN ( The Financial Crimes Enforcement Network) passed two rulings that provided clarification on digital currency business models ...

FinCEN Clarifies that Virtual Currency Payment Systems and Trading Platforms Are Money Transmitters

by Caleb Chen

27/10/2014

FinCEN has released two new Virtual Currency Guidance notes today. FIN-2014-R011 and FIN-2014-R2012 both detail FinCEN's response to requests "for ...

The US Department of Treasury issues a Bitcoin-Friendly ruling for Miners

New US Treasury FinCEN Ruling Clarifies Money Transmission Status Of Renting Bitcoin Miners And Hashing Power

by Caleb Chen

29/04/2014 - Updated on 30/04/2014

Washington D.C., 4/29/14, the Financial Crimes Enforcement Network (FinCEN), the enforcement arm of the United States Treasury Department, has issued ...