El Salvador’s Crypto-Bro President Is Flirting with AML Disaster
The speed and haste by which El Salvador adopted Bitcoin as legal tender has opened the door for significant risk ...
Tag: Cryptocurrency
In Regulating the Crypto Wild West, Is the SEC Imposing Order or Grabbing Land?
Increased regulation of cryptocurrencies by the Securities and Exchange Commission (SEC) appears imminent. But details, scope and timing are up ...
With Salvadoran Adoption of Bitcoin, Firms Must Navigate Uncharted Waters
In September 2021, El Salvador became the first country to adopt bitcoin as legal tender. It will likely not be ...
Banks Need to Be Able to Pinpoint Cryptocurrency Ransomware Payments. But Effective Methods Remain in Their Infancy.
Instances of ransomware attacks – and resulting payments via cryptocurrency – continue to increase at an accelerating rate. As the ...
2019: Will Money Launderers Meet Their Match?
The Outlook for AML in the Year Ahead 2018 proved to be a challenging year in the fight against money ...
Betting on Compliance: The Supreme Court’s Decision in Murphy v. NCAA
Q&A with Nicole Sprinzen of Cozen O’Connor With the U.S. Supreme Court’s decision in Murphy v. NCAA on May 14, ...
Regulatory Oversight for Cryptocurrency?
What Crypto Exchangers and Administrators Need to Know U.S. regulators have recently joined with an international coalition of tax enforcement ...
Voyager Digital Adds NICE Actimize AML Essentials to Crypto Trading App
Voyager Adds NICE Actimize Suspicious Activity and Customer Due Diligence Functions to Growing Crytpo Trading App Voyager Digital, a cryptocurrency ...
A Laundry List of Compliance Failures Landed BitMEX a $100M Penalty from CFTC and FinCEN
In a recent assessment, CFTC and FinCEN found the virtual currency exchange BitMEX lacked a number of licenses and had ...
Cryptocurrencies: Instruments for Payments or Corruption?
Companies engaged in cross-border commerce are uncertain about how the use of Bitcoin and other cryptocurrencies may heighten the risk ...
Initial Coin Offerings and the SEC
ICOs Are Challenging Basic Assumptions If the SEC attempts a more robust approach with initial coin offerings, the broader market’s ...
Balancing Innovation and Compliance
The Regulatory Tortoise and The Technology Hare No doubt you’ve now heard about blockchain – at least the word. The ...
