FinCEN

TD Bank, one of the largest financial institutions in the United States, has come under intense scrutiny in the cryptocurrency space after suffering the largest penalty ever imposed under the Bank Secrecy Act (BSA). The $3.09…

A pair of senators have written a letter to the Department of Justice, challenging the Financial Crimes Enforcement Network's (FinCEN) "unprecedented interpretation" of the rules used to prosecute cryptocurrency mixers. Senators…

On October 23, 2023 we asked our attorney, Rafael Yakobi of The Crypto Lawyers to assemble an expert legal team to respond to the U.S. Department of the Treasury and FinCEN’s proposed rules that would seriously harm your privacy by…

The US Treasury Department's Financial Crimes Enforcement Network (FinCEN) has designated cryptocurrency mixers as a significant hub for money laundering activities. This action aims to increase scrutiny of crypto transactions due to the…

Yesterday’s FinCEN rule proposal is incredibly overbroad, comprehensive, and perfectly designed to allow arbitrary information collection at any scope they choose to enforce. It truly is a mind-blowingly large grab attempt at private…