Decentralized applications (dapps) may sometimes qualify as money transmitters under U.S. law, FinCEN said.
In First, FinCEN Penalizes Bitcoin Trader for Violating AML Laws
U.S. regulator FinCEN has for the first time penalized a cryptocurrency trader for breaking anti-money laundering rules.
FinCEN Blasts Iran’s ‘Malign’ Use of Crypto to Bypass Economic Sanctions
U.S. regulator FinCEN is urging domestic exchanges to prevent Iran from using cryptocurrency to bypass economic sanctions.
FinCEN Says It Now Receives 1,500 Crypto Complaints a Month
FinCEN receives more than 1,500 reports every month from financial institutions regarding cryptocurrencies, a top official said Thursday.
US Lawmakers Want FinCEN Mandate to Explicitly Cover Crypto
A new bill facing the U.S. Congress would have FinCEN more closely examine the cryptocurrency space, according to public documents.
FinCEN: Money Transmitter Rules Apply to ICO Developers, Exchanges
According to a letter released today, FinCEN believes that companies launching token sales qualify as money transmitters, and must register as such.