Cryptocurrency, and its most-noted asset Bitcoin, has been breaking into the mainstream press. While most lawyers have heard terms like “blockchain” and probably even know a few people who have been deeply interested in the...more
5/28/2021
/ Anonymity ,
Anti-Money Laundering ,
Bank Secrecy Act ,
Bitcoin ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Currency ,
Digital Wallets ,
eBay ,
Enforcement Actions ,
Financial Institutions ,
Human Trafficking ,
Illegal Drugs ,
Know Your Customers ,
Money Services Business ,
Money Transmitter ,
Office of Foreign Assets Control (OFAC) ,
Popular ,
Reporting Requirements ,
Suspicious Activity Reports (SARs) ,
Terrorist Financing ,
U.S. Treasury
Every day, the mainstream media and social media are filled with references to cryptocurrency. Depending on who you ask, it’s either simply the next way to spend your money, or it’s a haven for criminal activity. In this...more
5/27/2021
/ Anti-Money Laundering ,
Banking Sector ,
Blockchain ,
Cross-Border Transactions ,
Cryptocurrency ,
Department of Justice (DOJ) ,
Digital Currency ,
Financial Crimes ,
Financial Institutions ,
Financial Transactions ,
Money Laundering ,
Regulatory Oversight ,
Terrorist Financing Regulations ,
Virtual Currency