In a significant development within the cryptocurrency industry, several wallets associated with the notorious ransomware ...

More than a decade ago, regulators nearly suffocated PayPal. Now it looks like they’re trying to squelch another disruptive, innovative payments system. At least three exchanges in the U.S. that ...

But the truth is that while Bitcoin is a pretty solid tool for obscuring financial transactions (as Aaron van Wirdum covered in this exploration of Bitcoin privacy technology from 2018), it’s far less ...

Yesterday’s FinCEN rule proposal is incredibly overbroad, comprehensive, and perfectly designed to allow arbitrary information collection at any scope they choose to enforce. It truly is a ...

FinCEN Fines Bitcoin-Mixing CEO $60M in Landmark Crackdown on Helix, Coin Ninja Larry Dean Harmon ran the first bitcoin mixing services targeted with criminal allegations by U.S. authorities.

The report, which is filed on a form called Fincen 114, is required when a taxpayer’s financial assets (cash and securities) ... Bitcoin was the common currency of Silk Road, ...

So far, FinCEN hasn't signaled how it plans to regulate Bitcoin-based businesses. "The anonymous transfer of significant wealth is obviously a money-laundering risk," a FinCEN spokesman told Bank ...

FinCEN said that miners who mine virtual currency for their own use, as well as companies that purchase and sell convertible virtual currency solely as an investment aren't subject to this law.

The Financial Crimes Enforcement Network (FinCEN), a bureau within the U.S. Department of the Treasury, has imposed its first-ever penalty on a peer-to-peer crypto exchange for violating AML ...