Tag: FinCEN

  • Should You Be Worried About FinCEN?

    Should You Be Worried About FinCEN?

    On the 18th December, The U.S. Financial Crimes Enforcement Network (FinCEN) released a proposed rule that would instill record keeping and reporting requirements for transactions by or to a bank or money service business involving an “unhosted or otherwise covered wallet.” The 15 day comment period to respond to this proposal ended with over 65K […]