“There is not good evidence that unhosted wallets present a disproportionate risk of being used in illicit finance,” said the Treasury update. The government...
Also known as the Currency and Foreign Transactions Reporting Act, the Bank Secrecy Act (BSA) is U.S. legislation created in 1970 to prevent financial institutions from...
The new all-encompassing bipartisan bill seeks to put an end to the crypto industry’s “Wild West” era. Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand...
The U.S. Department of Justice’s cryptocurrency enforcement framework is a warning shot to exchanges worldwide: Comply with U.S. law or face the potential wrath...
Amidst the current volatility in the cryptocurrency market, Bermuda is banking on its clarity surrounding digital asset legislation to attract more crypto projects and companies....
Global crypto exchange Binance is announcing new partnerships with tech companies to shore up its know-your-customer (KYC) controls and enforcement of sanctions. According to...