Browsing Tag
FinCEN
10 posts
FinCEN flags $12.7B tied to Southeast Asia crypto investment scams
The U.S. Treasury’s Financial Crimes Enforcement Network has linked approximately $12.7 billion in suspicious financial activity to digital…
GENIUS Act deadline puts stablecoin issuers on notice
GENIUS Act rules face a June 9 comment deadline as FinCEN and OFAC move stablecoin issuers toward AML…
Stablecoin News: Treasury’s FinCEN Just Proposed Rules Requiring Issuers to Police Their Own Transactions
The stablecoin news out of Washington this week goes beyond reserves and redemptions — FinCEN, the Treasury’s financial…
Coinbase CLO to Treasury: modernize AML with AI and blockchain
On Oct. 20, 2025, Paul Grewal, Coinbase’s chief legal officer, took to X to urge the U.S. government…
OKX tightens AML measures after FinCEN action against Huione Group
Cryptocurrency exchange OKX is among the first to take action against funds tied to the Huione Group, after…
FinCEN finds $312B Chinese laundering in U.S. banks — crypto is still called criminal
A four-year FinCEN review showed $312 billion laundered in banks by Chinese networks, while enforcement rhetoric continued to…
Bipartisan Senators probe FinCEN crypto mixer lawsuits
A bi-partisan duo wrote a letter to the Department of Justice, challenging FinCEN’s “unprecedented interpretation” of rules used…
Coin Center challenges FinCEN rules on crypto mixing
Coin Center criticizes FinCEN’s over “broad” cryptocurrency mixing rule.
FinCEN’s crypto mixing reporting for banks poses ‘disruptive’ risks, lawyers say
In an op-ed on Bloomberg Law, Steven Merriman and Jim Vivenzio of Perkins Coie raised concerns over FinCEN’s…
Unveiling the shadows: FinCEN’s crackdown on crypto mixers
U.S. authorities are ramping up measures against virtual currency mixers in the country’s ongoing fight against using crypto…
