41 results filtered by

Do we really need more guidance from FinCEN?

In May of last year, FinCEN issued guidance on “virtual currency” that reiterated and explained its original 2014 guidance. It essentially articulates a general principle: a business is subject to...

A national alternative to onerous state-by-state regulation of cryptocurrency intermediaries

Increasingly, policymakers on Capitol Hill and at federal regulatory agencies are asking us whether Congress should develop a comprehensive national regime to regulate cryptocurrencies. We have always and will always...

The upcoming FATF interpretive note is not doomsday for cryptocurrency

We've had a number of people ask us about the FATF interpretive note that will be coming out this year and how it may change anti-money laundering (AML) law with...

Coin Center submitted comments to Her Majesty’s Treasury defending UK citizens’ right to develop and publish open-source software.

As outlined in its consultation paper, “Transposition of the Fifth Money Laundering Directive”, HM Treasury is currently considering broadening the scope of the UK’s anti-money laundering/countering the financing of terrorism...

Non-custodial cryptocurrency mixer developers are not subject to U.S. regulation.

A recent seizure of a custodial cryptocurrency mixer by EU authorities has prompted some people to ask us what this means for popular privacy software like CoinJoin or Wasabi Wallet,...

FinCEN’s new cryptocurrency guidance matches Coin Center recommendations

Today the Financial Crimes Enforcement Network (FinCEN) issued new guidance on how the Bank Secrecy Act (BSA) applies to cryptocurrencies and its users. Here’s our initial analysis of that guidance...

New regulation would effectively ban crypto exchanges in Mexico

The Mexican central bank, acting under authority from a recently enacted fintech law, proposed new regulations last week that would effectively ban cryptocurrency exchanges in the country. This is a...

Texas cryptocurrency bill threatens financial privacy

A new bill that would require persons accepting payment in cryptocurrencies to check the payor’s identity before going through with the transaction, HB 4371, has been introduced in the Texas...

The Constitution Protects Software Developers and Users from Surveillance Overreach

Today we are publishing a comprehensive report on constitutional law and anonymous cryptocurrencies—what we call electronic cash—and decentralized exchange software. As Jerry argued in our report from last month, electronic...

New York is creating a cryptocurrency task force. We encourage them to reevaluate the BitLicense as part of their work.

As any cryptocurrency entrepreneur will tell you, getting a BitLicense is difficult and costly. Not only that, but as written the regulation has grey areas relating to custody, requires state...

Show more

Format

Issue

Topic