EU Regulators “softly approach” regulation
Late last month, EU regulators and lawmakers agreed to step lightly when it comes to regulating blockchain technology. Officials say they will “softly approach” regulation, […]
Author: Joe Ciccolo
Posts by Joe Ciccolo
FinCEN Director Calvery steps down. Her legacy.
Late last month, FinCEN Director, Jennifer Shasky Calvery, announced she was stepping down at the end of May to take a job in the private sector. […]
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Bitcoin ATM Beginner’s Guide
The following is an excerpt from an article published in 99Bitcoins in which BitAML founder, Joe Ciccolo, provides a beginner’s guide to operating a compliant Bitcoin […]
Bitcoin and Banking Relationships: BTCManager Exerpt
The following is an excerpt from an article published on BTCManager in which BitAML founder, Joe Ciccolo, discusses bitcoin and banking relationships: Joe Ciccolo, Founder […]
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Happy 3rd Anniversary: FinCEN guidance
Three years ago this past Friday (03/18), FinCEN released its regulatory guidance on digital currencies. Those involved in creating, distributing, exchanging, and transmitting digital currencies […]
Busted: unregistered bitcoin MSB
Last week, it was reported that a New York man was charged with operating an unlawful money transmitting business for illegally selling bitcoin. According to […]
Western Union caught in money laundering probe
Late last week, the Colorado-based MSB said authorities were investigating whether the firm knew about gaming transactions involving other nations, and if sufficient AML safeguards […]
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Aussies: banks didn’t conspire to derisk bitcoin
The Australian Competition and Consumer Commission (ACCC) determined that there was no evidence banks colluded prior to closing accounts held by bitcoin companies. Ultimately, it […]
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Rethinking “structuring”
The tactic of breaking up financial transactions in an effort to evade certain reporting requirements, including the $10,000 CTR threshold, is back under the spotlight. […]