FinCEN.gov - United States Department of the Treasury

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.
submitted by Major-Benzo to btc [link] [comments]

FinCEN now considers Bitcoin to be "cash" in US real estate laundering probes

FinCEN now considers Bitcoin to be submitted by cryptoallbot to cryptoall [link] [comments]

FinCEN now considers Bitcoin to be "cash" in US real estate laundering probes

FinCEN now considers Bitcoin to be submitted by ABitcoinAllBot to BitcoinAll [link] [comments]

Regulating Bitcoin in the US - A Technical Analysis (Federal Power, Counterfeiting Prohibitions, Stamp Payments Act, Securities and Exchange Acts, and FinCEN)

submitted by jedunnigan to Bitcoin [link] [comments]

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:
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
submitted by tskweres to Bitcoin [link] [comments]

US FinCEN Director: Bitcoin Does Not Pose Higher Risk of Terror Financing

US FinCEN Director: Bitcoin Does Not Pose Higher Risk of Terror Financing submitted by Bitcoin_Markets to Bitcoin [link] [comments]

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.
submitted by miscreanity to Bitcoin [link] [comments]

FinCEN, US Secret Service and Bitcoin Foundation among witnesses to speak at major hearing on bitcoin

FinCEN, US Secret Service and Bitcoin Foundation among witnesses to speak at major hearing on bitcoin submitted by blackboxTSO to Bitcoin [link] [comments]

What New FinCEN Guidance Means for US Bitcoin Companies

What New FinCEN Guidance Means for US Bitcoin Companies submitted by wordsmithess to Bitcoin [link] [comments]

Bitcoin Company HashingSpace registers for US FinCEN regulations

Bitcoin Company HashingSpace registers for US FinCEN regulations submitted by coincrazyy to BitcoinAll [link] [comments]

US government virtual currency regulations: Application of FinCEN's Regulations to Persons Administering, Exchanging, or Using Virtual Currencies [x-post from /r/bitcoin]

submitted by damian2000 to Cyberpunk [link] [comments]

If you transfer bitcoins from a US exchange to a foreign exchange, are you required to complete a FinCen 105?

If you...
Would that legally qualify as "International transport of currency or monetary instruments"? Would you be expected to complete a FinCen 105?
submitted by toss234 to Bitcoin [link] [comments]

What New FinCEN Guidance Means for US Bitcoin Companies

What New FinCEN Guidance Means for US Bitcoin Companies submitted by BTCNews to BTCNews [link] [comments]

New US Treasury FinCEN Ruling Clarifies Money Transmission Status Of Renting Bitcoin Miners And Hashing Power

New US Treasury FinCEN Ruling Clarifies Money Transmission Status Of Renting Bitcoin Miners And Hashing Power submitted by bitbybitbybitcoin to BitcoinMining [link] [comments]

US FinCEN Director: Bitcoin Does Not Pose Higher Risk of Terror Financing

US FinCEN Director: Bitcoin Does Not Pose Higher Risk of Terror Financing submitted by BitcoinAllBot to BitcoinAll [link] [comments]

Bitcoin Company HashingSpace registers for US FinCEN regulations

Bitcoin Company HashingSpace registers for US FinCEN regulations submitted by jackie249 to Bitcoin [link] [comments]

US government virtual currency regulations: Application of FinCEN's Regulations to Persons Administering, Exchanging, or Using Virtual Currencies : Bitcoin

US government virtual currency regulations: Application of FinCEN's Regulations to Persons Administering, Exchanging, or Using Virtual Currencies : Bitcoin submitted by LDL2 to Libertarian [link] [comments]

[#9 Score:48 Comments:68] - SEC/FinCEN preparing action against US bitcoin companies

submitted by Removal_Rover to remove [link] [comments]

FinCEN sounds death knell for US based Bitcoin businesses

FinCEN sounds death knell for US based Bitcoin businesses submitted by alanX to politics [link] [comments]

LOOKS like Bitcoin has got too big to ignore. Virtual currencies are to be regulated by the US Treasury after the Financial Crimes Enforcement Network (FinCEN)

LOOKS like Bitcoin has got too big to ignore. Virtual currencies are to be regulated by the US Treasury after the Financial Crimes Enforcement Network (FinCEN) submitted by touringcav to Bitcoin [link] [comments]

Bitcoin miners may be regulated as money transmitters by FinCEN, a department of the US Treasury.

Bitcoin miners may be regulated as money transmitters by FinCEN, a department of the US Treasury. submitted by LoveLightMan to technology [link] [comments]

A quick list of banks convicted of money laundering

Bitcoin and other cryptocurrencies are often accused of only being used for nefarious activity. I often hear this argument when discussing crypto with my friends and family. Many of them are taken by surprise when I inform them that the number one source of money laundering actually occurs in financial institutions that they trust and do business with every day. I put together a quick list that you may want to reference in case someone you are discussing crypto with brings up money laundering. There are hundreds if not thousands of cases brought against these banks, so this list is by no means comprehensive. It is merely a starting point to get the gears spinning in people's heads that perhaps the financial institutions that they have dealt with their entire lives are not as squeaky clean and upstanding as they believe them to be.
Wachovia https://www.theguardian.com/world/2011/ap03/us-bank-mexico-drug-gangs
Wells Fargo https://www.businessinsider.com/wells-fargo-banker-money-laundering-drug-cartel-sinaloa-mexico-2019-5
HSBC https://www.reuters.com/article/us-hsbc-usa/hsbc-draws-line-under-mexican-cartel-case-after-five-years-on-probation-idUSKBN1E50YA
Bank of America https://www.npr.org/sections/parallels/2014/03/20/291934724/awash-in-cash-drug-cartels-rely-on-big-banks-to-launder-profits
Western Union https://www.justice.gov/opa/pwestern-union-admits-anti-money-laundering-and-consumer-fraud-violations-forfeits-586-million
Florida credit Union https://www.fincen.gov/news/news-releases/fincen-penalizes-florida-credit-union-failures-managing-high-risk-international
Rabobank https://www.justice.gov/opa/prabobank-na-pleads-guilty-agrees-pay-over-360-million
JP Morgan Chase https://www.dailysabah.com/finance/2019/03/26/jpmorgan-record-not-so-clean-with-money-laundering-manipulation
Commerzbank https://www.justice.gov/opa/pcommerzbank-ag-admits-sanctions-and-bank-secrecy-violations-agrees-forfeit-563-million-and
Zions Bank https://archive.sltrib.com/article.php?id=51235852&itype=CMSID
Citigroup https://www.nytimes.com/2017/05/22/business/dealbook/citigroup-settlement-banamex-usa-inquiry.html
Deutsche Bank https://www.theguardian.com/business/2019/ap17/deutsche-bank-faces-action-over-20bn-russian-money-laundering-scheme
Goldman Sachs https://www.theguardian.com/business/2019/dec/19/goldman-sachs-close-to-2bn-settlement-over-1mdb-scandal-malaysia
submitted by justhereforthecrypt0 to Bitcoin [link] [comments]

₿ Atari Adopts Litecoin, FinCEN Director Joins Libra, Cash App & Smart Contracts On XRP US CRYPTO REGULATIONS SOON Steve Mnuchin Trump IMF - Binance US & BRD XRP - Bitcoin Miner Stock Up Are cryptocurrencies currency or property? The US Treasury can't decide. US Senate Congress Bitcoin hearing issues FULL VIDEO Don't SELL when it dumps! #CryptoTips for newbies  Stake token up 30% RVX, Vechain, Datamine

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

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₿ 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 ...