Tagged: hr 6411

House of Representatives Passes FinCEN Bill that Targets Virtual Currencies

US Capitol Hill Washington DC

The House of Representatives has approved the “FinCEN Improvement Act of 2018,” sponsored by Rep. Ed Perlmutter (HR 6411). The bill was passed on a voice vote indicating strong bi-partisan support in the House. The legislation requires the Department of the Treasury’s Financial Crimes Enforcement Network (or… Read More

House Bill Empowers FinCEN to Target Cryptocurrency Use & Terrorism, Raises Concern from Blockchain Innovators

There is a new bill that has been introduced into the House Financial Services Committee that is targeting “virtual currencies” and terrorism. Sponsored by Representative Ed Perlmutter, HR 6411 or the “FinCEN Improvement Act of 2018” appears to expand the reach of FinCEN which is the… Read More

Send this to a friend