Financial Intelligence Units (FIUs) from the 39-country Financial Action Task Force (FATF) and the Egmont Group Secretariat gathered in Paris to talk about the global repercussions of virtual assets, the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) said in a press release. “Today FIUs...
Much has been made about cryptocurrencies and the speculation that has marked trading activity in that arena. Much has been made about the fact that, insofar as they can be used in everyday commerce, cryptocurrencies have not made much headway. That may be about to...
A case involving virtual currency My Big Coin could determine whether the U.S. Commodity Futures Trading Commission (CFTC) has the power to fight fraud centered around cryptocurrencies. In January, the CFTC filed the lawsuit in federal court, alleging that a Nevada-based company, its founder, technology...
Cryptocurrencies continued to dip on the heels of various regulatory actions focused on trading activities and exchanges. Same alarms, different week. On the global stage, bitcoin fell below $7,000 to just above $6,800, and Ripple slipped to its lowest price since the end of 2017. One...
February 19, 2020
Financial Intelligence Units (FIUs) from the 39-country Financial Action Task Force (FATF) and the Egmont Group Secretariat gathered in Paris to talk about the global repercussions of virtual assets, the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN) said in a press release. “Today FIUs are showing that they are fully mobilized to continue working […]
June 13, 2018
A case involving virtual currency My Big Coin could determine whether the U.S. Commodity Futures Trading Commission (CFTC) has the power to fight fraud centered around cryptocurrencies. In January, the...
August 21, 2017
Digital currency is becoming one of the more pervasive forces pushing its way into all industries. As cryptocurrencies like bitcoin, Bitcoin Cash and Ethereum become more popular, governments around the...
