FinCEN seeks to curb cryptocurrency trading blog Global Financial Technology and Payments blog – Lexology
FinCEN seeks to curb cryptocurrency trading blog Global Financial Technology and Payments blog – Lexology
A new proposal would subject financial institutions and exchanges to onerous record-keeping and reporting requirements for certain digital currency transactions. In a surprise post in the closing days of the Trump administration, the Treasury Department’s Financial Crimes Enforcement Network (FinCEN) division released a proposed rule (the Proposal) that would impose significant new obligations on…