According to some analysts, 2017 was the year bitcoin went big. In 2011, a single bitcoin wasn’t even worth a dollar. Then, in 2017, its […]
Read More… from Cryptocompliance 101: What Is Compliance, And Do Cryptocurrency Businesses Need It?
Part of BitAML’s role in our industry is to monitor federal regulatory groups and break down what they’re up to for everyday business owners and […]
Read More… from What HR 6411, The FinCEN Improvement Act of 2018, Means For Crypto Businesses
Cryptocurrency ATMs have become one of the primary methods of purchasing bitcoin and other altcoins for users. We should know — ATM operators are one […]
Almost since its inception, opponents of cryptocurrency have made various attempts to undermine its potential and legitimacy. Top commodities gurus have written cryptocurrency off as […]
Read More… from Why The DEA’s Recent Remarks On Cryptocurrency-Related Crime Are So Stunning
In 2014, JPMorgan Chase Bank, N.A. admitted to violating the Bank Secrecy Act. The bank had failed to report dubious transactions which were connected to […]
Read More… from Here’s How FinCEN Would Respond To A Ponzi Scheme In The Cryptocurrency Industry
Malta is home to some of the world’s most beautiful historic sites; now, it’s setting itself up to be the world’s cryptocurrency hub. In early […]
Blockchain technology’s ability to decentralize systems is both its blessing and its curse. On one hand, proponents of the technology praise decentralization as its biggest […]
Read More… from The IRS Wants To Launch An International Consortium To Crack Down On Crypto Crime
To regulate or not to regulate? For many lawmakers, that is the question surrounding cryptocurrency exchanges. Some countries have already begun to regulate cryptocurrency exchanges […]
Read More… from Can Crypotocurrency Exchanges Be Regulated Like Banks? The Answer Isn’t So Simple.
The findings of a recent study making waves online might prove disturbing, but beyond the headlines, we have yet another perfect opportunity to revisit AML […]