virtual currency

2 articles tagged "virtual currency"

Fintech

FinCEN Announces New Regulations for CVC Mixing to Combat Crime

FinCEN's proposed regulations targeting convertible virtual currency mixing aim to enhance transparency and combat illicit financing activities. The proposal marks a significant step in U.S. efforts to address money laundering concerns.

19 Nov 2023

Fintech

FinCEN Proposes Stricter Oversight for Global Crypto Mixing Services

The U.S. Treasury aims to enhance regulations on non-U.S. crypto mixing transactions to combat money laundering and illicit financing. The proposed rules will require more extensive reporting from financial institutions.

2 Nov 2023