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Tag: Fincen

Fincen proposes tougher anti-money laundering standards in new rule

Fincen proposes tougher anti-money laundering standards in new rule

June 28, 2024June 28, 2024 · Banking

The Treasury Department’s Financial Crimes Enforcement Network issued a proposed rule overhauling banks’ anti-money laundering and counterterrorism financing programs, requiring financial institutions to step up their existing AML controls…

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Sen. Elizabeth Warren Introduces Sweeping Anti-Privacy, Anti-Freedom Bitcoin Bill

Sen. Elizabeth Warren Introduces Sweeping Anti-Privacy, Anti-Freedom Bitcoin Bill

December 14, 2022December 17, 2022 · Cryptocurrency

Senators Elizabeth Warren (D-Mass) and Senator Roger Marshall (R-Kan) have introduced the “Digital Asset Anti-Money Laundering Act Of 2022,” a bill which would have sweeping impacts on the…

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