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FinCEN issues alert regarding crypto transactions connected to Hamas

[Oct 20, 2023 1:52 PM] The government department warned virtual asset service providers and other financial institutions to “identify and report suspicious transactions” related to terrorist groups.

FinCEN Targets Crypto Mixers Over Laundering and National Security Concerns

[Oct 20, 2023 8:30 AM] The U.S. Treasury Department’s Financial Crimes Enforcement Network, or FinCEN, this week proposed regulations aimed at increasing transparency around crypto mixing services. These services, the agency says, are used by terrorist…

U.S. Treasury Seeks to Name Crypto Mixers as 'Money Laundering Concern'

[Oct 19, 2023 12:17 PM] The U.S. Department of the Treasury's financial crimes arm is proposing to label crypto mixers as a "primary money laundering concern" in its effort to combat illicit crypto finance, highlighting the terrorist groups that have benefited from…

Casascius Bitcoin Peels: $10M Cashed in 2023, Yet a $1 Billion Stash Remains Unclaimed

[Sep 4, 2023 8:00 AM] While bitcoin (BTC) is already a limited asset, Mike Caldwell’s Casascius physical bitcoins take rarity to a whole new level. Between 2011 and 2013, he endowed over 27,000 coins and bars with nearly 100,000 BTC. As we step into September…

Bipartisan bill to regulate DeFi, crypto security risks introduced into US Senate

[Jul 19, 2023 12:03 PM] The bill was introduced in the evening and has not been published yet, but it is already causing a stir. Crypto Twitter calls it a “nonstarter.”

Bittrex withdrawals set to resume after bankruptcy court gives green light

[Jun 15, 2023 10:17 AM] The court left the issue of the subordinacy of government claims open; Bittrex received multimillion-dollar credits from FinCEN and OFAC.

US DOJ opposes bankrupt Bittrex’s plan to repay customers ahead of credited fines

[Jun 8, 2023 11:06 AM] Bittrex owes $29 million on penalties for sanctions violations and may still face penalties in a case brought by the SEC.

Crypto-related enforcement actions by US states rose sharply in 2022: Report

[Feb 2, 2023 3:30 PM] There were almost twice as many state actions as federal in 2022, although both the feds and the states broke previous record by significant margins.

Report: Elon Musk’s Payments Vision for Twitter Takes Shape, Small Team Tasked to Build Infrastructure

[Jan 30, 2023 3:30 PM] Seven months ago, current Twitter owner Elon Musk said, prior to acquiring the social media giant, he would integrate cryptocurrency payments. According to sources, a team is working on the infrastructure for a payment platform, and Twitter is…

FinCEN lists Binance among the top Bitcoin counterparties of Bitzlato

[Jan 19, 2023 3:27 AM] FinCEN placed Binance next to the darknet market Hydra as a major counterparty receiving Bitcoin from Bitzlato.

Airtm Winds Down Cryptocurrency Trading, Exchanges All Funds to Native Stablecoin

[Jan 9, 2023 3:30 AM] Airtm, a Latam popular cryptocurrency exchange and wallet, has announced it is winding down cryptocurrency trading and custody in its platform. The company stated that starting Jan. 4, 2023, all cryptocurrency deposits and withdrawals would be…

Gate.io closer to launching US services after receiving local licenses

[Dec 19, 2022 11:30 PM] Gate US said it obtained licenses to operate in “several” U.S. states along with a money service business license from FinCEN leading up to its local launch.

Sen. Elizabeth Warren Introduces Sweeping Anti-Privacy, Anti-Freedom Bitcoin Bill

[Dec 14, 2022 10:32 AM] U.S. Senators have introduced a bill that would have a direct impact on the categorization and regulation of bitcoin miners, wallets and nodes.Senators Elizabeth Warren (D-Mass) and Senator Roger Marshall (R-Kan) have introduced the “Digital Asset…

US regulator to seek feedback on DeFi's impact on financial crime

[Dec 8, 2022 12:30 AM] A “close look” is being taken at money laundering and terror financing laws by FinCEN as it asked banking sector players for feedback on DeFi’s crime risks.

‘Twitter will do lots of dumb things’ in the coming months: Elon Musk

[Nov 9, 2022 11:21 PM] Twitter's new owner says they'll be throwing a heap of new ideas at the platform over the coming months.