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FinCEN News

The Financial Crimes Enforcement Network, or FinCEN, is a bureau of the U.S. Department of the Treasury that specializes on analysis of all financial operations in order to prevent terrorist financing, money laundering, etc. FinCEN was founded in 1990 and currently is headquartered in Vienna, VA. In 2013, FinCEN issued Bitcoin and virtual currency guidance concerning creating, obtaining, distributing, exchanging, accepting or transmitting virtual currencies. By this guidance, the companies that provide cryptocurrency-related services must report all data to the government so that it can prevent money laundering. There are also definitions for various kinds of cryptocurrency users and their responsibilities while working with digital currencies.

Top News

Is Dogecoin set to follow Shiba Inu’s (SHIB) 400% breakout?

'Much ow' ahead? Dogecoin chart fractal puts Shiba Inu's 390% QTD rally in danger

Shiba Inu rebounds 40% despite major selling by SHIB whales

One currency to rule them all: Facebook’s Diem has global ambitions

Shiba Inu is now a top-20 cryptocurrency with SHIB price soaring 300% in 9 days

Blockchain analysis firm Chainalysis has appointed former FinCen and U.S. DoJ official Michael Mosier as its new Chief Technical Counsel.

Chainalysis Appoints Former FinCen Officer as Technical Counsel

2019-06-26T22:10:00+01:00

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Caitlin Long and Peter Van Valkenburgh find themselves on the opposite sides of the federal-versus-state regulation divide.

Federal Preemption or States’ Rights? Crypto Advocates Clash Over Regulatory Approaches

2019-06-02T23:54:00+01:00

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Hodler’s Digest

FinCEN’s enforcement against a p2p crypto exchanger could set a precedent, and French instant mashed potatoes go blockchain.

Hodler’s Digest, April 15–21: Top Stories, Price Movements, Quotes and FUD of the Week

Molly Jane Zuckerman

2019-04-21T21:50:00+01:00

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With more influential voices in academia and politics speaking out against burdensome federal regulations, is change imminent?

US Federal Government: Confusing Regulation For Crypto, Full Clearance For Blockchain

2018-12-16T15:37:00+00:00

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The U.S. Financial Crimes Enforcement Network (FinCEN) has issued an advisory calling on cryptocurrency exchanges to monitor Iranian use of crypto to evade sanc...

FinCEN Lambasts Iran's 'Illicit and Malign' Use of Crypto to Evade Sanctions

2018-10-12T14:06:00+01:00

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Green markets are making a fresh attempt at recovery following their recent losses, with Bitcoin holding 2018 record-high dominance of total crypto market cap.

Cryptos See Widespread Green, But Total Market Cap Remains Close to 3-Month Low

2018-08-12T17:34:00+01:00

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On July 25, the DoJ contacted users of the crypto exchange Poloniex.

Poloniex Is Officially in Trouble After Ignoring Dozens of Complaining Customers

2018-07-27T10:38:00+01:00

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At a hearing in Washington DC, Coinbase’s Chief Legal and Risk Officer claimed that the current regulatory system ‘is harming healthy innovation’ of crypto.

At DC Hearing, Coinbase Calls Out Federal Regulators For ‘Harming Innovation’

2018-03-15T01:16:00+00:00

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