OKCoin plans to begin its expansion by opening an office in Buenos Aires and then building up a team to support its business throughout Latin America. Other Latin American fiat currencies will be added in the coming months.
A recent FinCEN letter stakes out policy position regarding ICOs that appears somewhat inconsistent with prior guidance and could foreshadow potential avenues of enforcement.
The U.S. Securities and Exchange Commission (SEC) has been proclaiming for a while that initial coin offerings (ICOs) are securities. Now, in the latest...
Money transfer exchange, Western Union, recently announced a $184 million settlement with the Financial Crimes Enforcement Network (FinCEN) for violating the Bank Secrecy Act’s...
In an effort to create more dialogue between regulators, law enforcement, and digital currency companies and organizations, the U.S. Department of Justice convened...
This is a guest post by Joe Ciccolo, DCC Member and CEO of BitAML.BackgroundThe Ripple Labs settlement agreement, the first civil enforcement action brought...
The digital currency company Ripple Labs has adapted in response to recent penalties and fines by FinCEN for reportedly “willful violations” of the Bank...
Earlier today, Ripple Labs Inc. was fined $700,000 for “willfully violating several requirements of the Bank Secrecy Act (BSA).” The Financial Crimes Enforcement Network...
Coinbase, one of the largest and fastest growing companies in the Bitcoin space, recently received a $75 million investment from high-profile backers and launched...
