5 stories tagged #FinCEN

  1. US Treasury Proposes Strict Rules for Stablecoin Firms to Combat Illicit Transactions
    crypto

    US Treasury Proposes Strict Rules for Stablecoin Firms to Combat Illicit Transactions

    New U.S. Treasury regulations would require stablecoin issuers to implement robust controls against illicit finance, mirroring traditional financial institutions.

    2mo ago 1 min read
  2. Cambodia Extradites Alleged Huione Crypto Scam Kingpin to China
    crypto

    Cambodia Extradites Alleged Huione Crypto Scam Kingpin to China

    Chinese authorities arrest Huione Group's former chairman, a firm U.S. regulators say processed billions in illicit funds tied to scams.

    2mo ago 1 min read
  3. Coin Center Warns Crypto Faces 'Brutal Crackdown' Without Congressional Action
    crypto

    Coin Center Warns Crypto Faces 'Brutal Crackdown' Without Congressional Action

    A crypto think tank warns the industry must secure bipartisan protections now to avoid aggressive future enforcement from the DOJ, SEC, and Treasury.

    2mo ago 1 min read
  4. EvoCash Launches USD Accounts, Bridging Crypto and Fiat with Real-Time Conversion
    crypto

    EvoCash Launches USD Accounts, Bridging Crypto and Fiat with Real-Time Conversion

    EvoCash introduces FinCEN-registered USD accounts and real-time crypto-to-fiat conversion, simplifying global financial access for digital asset users.

    3mo ago 1 min read
  5. US Treasury Signals Shift on Crypto Mixers, Acknowledging Legitimate Uses
    crypto

    US Treasury Signals Shift on Crypto Mixers, Acknowledging Legitimate Uses

    A new US Treasury report recognizes legitimate purposes for crypto mixers, marking a significant pivot from previous enforcement actions. The analysis explores implications for investors and regulatory frameworks.

    3mo ago 2 min read