fincen

4 min read 2022-05-31 23:06:29

FinCEN and OCC address cryptocurrency: responsible innovation and pervasive hype

On May 19, 2022, the Associate Director of the Enforcement and Compliance Division of the Financial Crimes Enforcement Network (“FinCEN”),

1 min read 2022-05-20 02:04:50

Decentralized finance products aren’t avoiding the scrutiny of the Treasury Department’s FinCEN division when it comes to the agency’s ongoing

5 min read 2022-04-09 05:31:55

In 2016, a law change moved the due date for the required filing of Reports of Foreign Bank and Financial Accounts, or FBAR, to coincide with the

3 min read 2022-03-25 22:43:53

Here’s our pick of five of the top news stories from the world of finance and tech this week. FCA says all UK crypto ATMs must be shut down The

1 min read 2022-03-22 15:00:03

USAA Federal Savings Bank (USAA FSB) has been hit with a $140 million civil money penalty by the US Financial Crimes Enforcement Network (FinCEN) for

2 min read 2022-03-09 03:19:35

As banks and other financial institutions work to honor the U.S. sanctions against Russia and monitor for efforts to evade them, the feds are warning

2 min read 2022-02-11 06:20:52

Last December, Facebook officially began allowing crypto advertisers to buy ads on its platform. This quiet but important change meant that a

1 min read 2021-11-24 20:00:01

In a few short weeks, the global loss attributable to cybercrime is expected to surpass $6 trillion.* Therefore, in an effort to protect financial

1 min read 2021-11-16 12:01:31

On November 8, 2021, the United States Department of the Treasury Financial Crimes Enforcement Network (“FinCEN”) issued an updated version of

2 min read 2021-11-13 01:38:08

Most of us would love to win the lottery. And most of us know that hitting a jackpot means the U.S. Treasury is a winner, too. Taxes due on gambling

1 min read 2021-11-08 22:00:58

In late 2020, anticorruption and transparency advocates scored a major victory: the passage of the U.S. Corporate Transparency Act (CTA), which

1 min read 2021-10-12 16:26:21

By Tobias Schweiger, CEO, Hawk AI Earlier this year, the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN)

5 min read 2021-04-10 02:59:52

If it feels like you just filed required federal forms about your overseas financial holdings, you're probably right. Last year, as we all were

6 min read 2021-03-09 13:00:51

By Sandra Huang Protesters in Kuala Lumpur, Malaysia calling for then Prime Minister’s resignation over 1MDB embezzlement scandal in August

5 min read 2021-02-04 02:56:09

The cannabis industry has dramatically evolved in many ways since the first legal adult use program was established in Colorado back in 2012. One