FinCEN.gov - United States Department of the Treasury
FinCEN.gov - United States Department of the Treasury
FinCEN Update: Bitcoin, Cryptocurrency Not Subject to
FinCEN Says Some Dapps Are Subject to US Money Transmitter
FinCEN Unveils New Bitcoin Guidelines: Here's What You
FinCEN | Bitcoin News
Blacklisted from bitcoin sellers that have US FinCEN approval
I have tired to purchase bitcoin recently from several bitcoin selling services, trying to buy with a debt card and ID verification. I had used these services several times in the past over the last 5 years. It started with a cashapp ban. The i was banned from coinmama, paybis, and coinbase. All one immediately after the other once I tried too make transactions after the cash app ban. They all tell me that their security team determined they cannot do business with me any longer after being a long time customer with all of these companies. They added ingury to insult by saying they cannot discuss why I am banned do you security reasons so I have no idea and think I may be on a USA FinCEN blacklist or similar but cannot find any info on it. Who else has had this issues? I think the worse thing I did was Withdrawl my coins from my seller wallet to a primdice bitcoin dice betting app. I had no idea the ban would be universal. Can you guys give me some info, I run a small business that runs off bitcoin payments and if I cannot convert my coins to fiat I will go out of business right away.
A lawyer's advice on FinCen & Bitcoin regulation, will the US Govt. ever catch up?
At the Bitcoin2013 conference in San Jose last weekend there was an interesting discussion during the government regulation panel. Some interesting highlights were:
Registering in all 50 states takes years and millions of dollars
Penalties include serious jail time
Even the US dollar is not clearly defined under US law, what chance does BTC have
According to the government, one ounce of gold = $50, that's not outdated at all...
Long story short, there's a ton of gray area and unknowns when dealing with this stuff, the government is way behind, but as a company who's starting an exchange dealing in USD to crypto, we have to play by the rules. To all the legal minds out there, how do you comply under these conditions and timeframes? Where do you think regulation is headed? How could we lobby or communicate better with regulators to help them understand and embrace BTC? Let's get the convo started, there's too many unanswered questions
FinCEN ruling opens doors for big banks to run Bitcoin show in US
The recent guidelines are effectively creating a glass ceiling for startup Bitcoin-related businesses in the US. With the high capital costs for acquiring licensure, it will be an uphill battle. This leaves the playing field wide open for those entities that already have licenses, or the existing funds to acquire them. Obtaining bitcoins before that happens will cause a rush of demand. Be prepared for a JP Morgan Chase Bitcoin card, complete with AML/KYC compliance.
Let Us Help You FBAR Bitcoin Reporting (FinCEN 114 Cryptocurrency) FBAR Bitcoin Reporting (FinCEN 114 Cryptocurrency): There is much confusion surrounding FBAR Bitcoin & Cryptocurrency Reporting. The reason why it gets so confusing, is because there are just too many chefs in the kitchen. On the one hand, you have FinCEN – the organization WASHINGTON—The Financial Crimes Enforcement Network (FinCEN), working in coordination with the U.S. Attorney’s Office for the Northern District of California, assessed a $110,003,314 civil money penalty today against BTC-e a/k/a Canton Business Corporation (BTC-e) for willfully violating U.S. anti-money laundering (AML) laws. Russian national Alexander Vinnik, one of the operators of BTC-e Securities and Exchange Commission v. Trendon T. Shavers and Bitcoin Saving & Trust, United States District Court, Eastern District of Texas Sherman Division, Case No. 4:13-CV-416, District Judge Mazzant (2013) United States of America v. E-gold, Ltd, Binance, the world’s largest cryptocurrency exchange by volume, is launching a U.S. division. The Malta-based company said Thursday it is setting up Binance US, a new trading platform specifically targeting U.S. customers, in partnership with a firm called BAM Trading Services. FinCEN Says Some Dapps Are Subject to US Money Transmitter Rules Decentralized applications (dapps) may qualify as money transmitters under U.S. law in certain circumstances, the nation’s anti
₿ Atari Adopts Litecoin, FinCEN Director Joins Libra, Cash App & Smart Contracts On XRP
- It was found that in 2015 FinCen (Financial Crimes Enforcement Network) a bureau of the U.S. Department of the Treasury had issue with Ripple and Ripple had to pay them a fine. ... Mine Bitcoin ... Don't sell when it dumps just accumulate more for massive gains!! Link to get $25 bucks ! I'm inviting you to start investing in crypto with Voyager. Download the app and trade $100 to get $25 of ... That’s a term that FinCEN (Financial Crimes Enforcement network, a division of the US Treasury) calls cryptos. Why? So that it can apply the rules of the Bank Secrecy Act to cryptocurrency. Please Note: #xrp #ripple #bitcoin #ethereum #Bitcoincash #litecoin #Paid #Promotion #Sponsorships – The above links are either affiliate links and or paid discounts and deals. This channel is ... FinCEN director Jennifer Shasky Calvery warned virtual currency companies against fleeing US shores in the hope of more lenient regulatory frameworks elsewhere. "If business is going to leave the ...