PYMNTS

JANUARY 14, 2021

As quoted by Reuters, she termed the cryptocurrency a “highly speculative asset, which has conducted some funny business and some interesting and totally reprehensible money laundering activity.” As reported by Reuters this week, Lagarde said at a conference sponsored by the newswire that bitcoin should be regulated — worldwide.

Money Laundering 61

Money Laundering Bitcoin Regulations Central Bank 61

Stax

NOVEMBER 27, 2023

in 2021, according to the Federal Reserve. Financial crime can take on several faces, including (cyber) fraud, cryptocurrency scams, and money laundering—and companies offering financial services can lose out on serious bucks. That’s the amount of non-cash payments made in the U.S. Within the U.S.,

Due Diligence 88

Due Diligence Money Laundering AML Financial Crimes 88

PYMNTS

FEBRUARY 14, 2020

12) that the federal government would be rolling out new regulations regarding cryptocurrency at the Financial Crimes Enforcement Network (FCEN). interest in cryptocurrency is on the rise, as military contractors have begun to see its uses and the Federal Reserve seeing the potential in digital coins. In the U.S.,

Bitcoin 56

Bitcoin Fincen Federal Reserve Cryptocurrency 56

PYMNTS

DECEMBER 30, 2020

At a time when 90 percent of Americans have never owned bitcoin and nearly 70 percent say they have no plans to do so in the future, the thought of widespread adoption and usage of cryptocurrency seems to be a distant prospect for most people. Ternio CEO Daniel Gouldman , however, is not one of them. “I to take center stage. The Fed Factor .

Fed 107

Fed Bitcoin Cryptocurrency Digital Currency 107

PYMNTS

JANUARY 21, 2021

The OCC also includes the Federal Reserve and the Federal Deposit Insurance Corp. The Biden Administration has a number of issues to tackle beyond the coronavirus, namely cryptocurrency, cybersecurity, national security threats, and money laundering.

OCC 116

OCC Office of the Comptroller of the Currency Fincen Federal Reserve 116

PYMNTS

JULY 15, 2019

David Marcus, the head of Facebook’s blockchain department and the face of its proposed cryptocurrency Libra, has released his congressional testimony ahead of a scheduled appearance before Congress, according to a report by TechCrunch. The Association also intends to register with FinCEN [The U.S.

Regulations 40

Regulations Money Laundering Central Bank Fincen 40

PYMNTS

JULY 15, 2019

David Marcus, the head of Facebook’s blockchain department and the face of its proposed cryptocurrency Libra, has released his congressional testimony ahead of a scheduled appearance before Congress, according to a report by TechCrunch. The Association also intends to register with FinCEN [The U.S.

Regulations 40

Regulations Money Laundering Central Bank Fincen 40