Please note, this is a STATIC archive of website cointelegraph.com from October 2021, cach3.com does not collect or store any user information, there is no "phishing" involved.

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

Daniel Cawrey at CoinDesk broke down a few arguments for why government regulation on some level would be a benefit to Bitcoin.

The case for regulation

2013-11-19T15:05:00+00:00

261

Danny Bradbury at CoinDesk reports an ominous tone from Washington.

Another take on the Senate Bitcoin hearing

2013-11-19T12:10:00+00:00

299

Bitcoin and other digital currencies will get to make their voices heard before a Senate committee hearing November 18 in Washington.

Bitcoin Senate hearing preview

2013-11-18T12:05:00+00:00

300

The US Senate Committee on Banking, Housing and Urban Affairs previously announced that it would be holding a hearing, and that date is now set for November 19,...

Senate banking committee invites BitPay and Ripple to speak

2013-11-14T15:40:00+00:00

236

Marco Santori of the Bitcoin Foundation has a piece up on CoinDesk in which he explores money transmission licenses at the state level in the US.

Understanding state-level money transmission licenses

2013-09-28T10:05:00+01:00

355

FinCEN has called a meeting with a few federal agents to discuss Bitcoin and consider ways to regulate it.

Mr. Satoshi goes to Washington

2013-08-20T13:10:00+01:00

279