A controversial proposed rule from the Financial Crimes Enforcement Network would bring bank-like regulation of virtual asset transactions, including the first broadly-applied AML reporting requirement in at least two...more
1/7/2021
/ Anti-Money Laundering ,
Bank Secrecy Act ,
Cryptocurrency ,
Currency Transaction Reports (CTR) ,
Digital Assets ,
FinCEN ,
Money Services Business ,
NPRM ,
Patriot Act ,
Proposed Regulation ,
Proposed Rules ,
Recordkeeping Requirements ,
Virtual Currency
On October 10, 2019, CFTC Chairman Heath Tarbert commented on Ether’s status as a commodity:
“We’ve been very clear on bitcoin: bitcoin is a commodity under the Commodity Exchange Act. We haven’t said anything about Ether –...more
11/12/2019
/ Anti-Manipulation Rule ,
Bitcoin ,
Brokers ,
CFTC ,
Commodity Exchange Act (CEA) ,
Commodity Trading Advisors (CTAs) ,
CPOs ,
Cryptocurrency ,
Digital Assets ,
Ether ,
Exclusive Jurisdiction ,
False Statements ,
Fraud ,
Futures Commission Merchants (FCMs) ,
Market Participants ,
Misappropriation ,
Popular ,
Registration Requirement ,
Spoofing