US Department of Treasury Letter: Virtual Currency Services Must Register as Money Services Businesses
The US Department of Treasury, Financial Crimes Enforcement Network (FinCEN), recently sent a letter to US Senator Ron Wyden clarifying its stance on cryptocurrency exchanges that these entities must register as Money Services Businesses (MSBs). While the letter from FinCEN signed by Assistant Secretary for… Read More
Read more in: Blockchain & Digital Currency, Politics, Legal & Regulation | Tagged drew maloney, exchanges, fincen, ron wyden, us department of treasury