Tag Archives: Policy & regulation

13Jan/21

Largest Dark Web Market Taken Offline as Alleged Operator Arrested in Germany

A 34-year-old Australian man accused of running the world’s largest dark web marketplace has been arrested by German authorities close to the Danish border. According to a report from Europol on Wednesday,Read More…

Share this:
31Dec/20

FinCEN Wants US Citizens to Disclose Offshore Crypto Holdings of $10K+

The Financial Crimes Enforcement Network (FinCEN), the U.S. Treasury Department wing tasked with monitoring potential legal violations of domestic financial laws, wants Americans to report if they have more than $10,000 inRead More…

Share this:
23Dec/20

Presidential Advisory Group Weighs In on Regulatory Approach to Stablecoins

Stablecoins should meet the same regulatory standards as other aspects of the financial system, says President Trump’s Working Group on Financial Markets.  The working group published a report Wednesday detailing how itRead More…

Share this:
18Dec/20

US Treasury Bulking Up Crypto Policy Advisers as Wallet Reg Rumors Swirl

The Financial Crimes Enforcement Network (FinCEN), the top financial crimes watchdog within the U.S. Treasury Department, is hiring two policy officers to help draft regulations for the cryptocurrency space. Disclosed in Dec.Read More…

Share this:
11Dec/20

FinCEN Encourages Banks to Share Customer Information With Each Other

A U.S. agency that fights financial crime is encouraging financial institutions, ranging from banks to cryptocurrency exchanges, to share customer information with one another to catch wrongdoers. The Financial Crimes Enforcement NetworkRead More…

Share this:
10Dec/20

US Lawmakers Tell Mnuchin to Back Off From Potential Crypto Wallet Regs

Four U.S. lawmakers want Treasury Secretary Steven Mnuchin to rethink his rumored crypto wallet regulations. Reps. Warren Davidson (R-Ohio), Tom Emmer (R-Minn.), Ted Budd (R-N.C.) and Scott Perry (R-Penn.) sent a letterRead More…

Share this:
20Nov/20

Goldman Sachs Expects Digital Yuan to Reach 1B Users Within 10 Years

The digital yuan, China’s planned national virtual currency, would account for 15% of total consumption payments in ten years, helping commercial banks gain more ground from fintech companies, according to a Nov.Read More…

Share this: