FinCEN Unveils New Bitcoin Guidelines: Here’s What You Need to Know

On Thursday (May 9, 2019), the U.S. Financial Crimes Enforcement Network (FinCEN) published new guidelines showing how anti-money laundering (AML) laws apply to Bitcoin and the rest of the cryptocurrency in general. Mandatory KYC for P2P Bitcoin Trading Platforms In a tweet published on Friday (May 10, 2019) notable cryptocurrency legal expert Jake Chervinsky provided […]

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Privacy Coins Are ‘One of the Greatest Emerging Threats to U.S. National Security,’ States US Congressman

The U.S. Secret Service is taking a good look at privacy-focused cryptocurrencies like Monero and Zcash while urging Congress to “consider additional legislative or regulatory actions.” Fear of Privacy Coins Last week, a top official from the federal law enforcement agency reportedly requested help from Congress in combating the use of privacy coins for illicit purposes. […]

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