Tagged: the combating money laundering terrorist financing and counterfeiting act of 2017

Whatever Happened to the Senate Legislation that May Kill Crypto Innovation in the US?

April 7, 2018 @ 7:59 am By JD Alois |

During the summer of 2017, legislation was introduced into the Senate that had the potential to kill cryptocurrency innovation. The legislation, entitled “Combatting Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017,″ (S.1241) contained very confusing language pertaining to “digital currencies.” Since last year, the bill has been… Read More

Read more in: Blockchain & Digital Assets, Featured Headlines, Politics, Legal & Regulation | Tagged bitcoin foundation, chuck grassley, Combating Money Laundering, s 1241, Terrorist Financing, the combating money laundering terrorist financing and counterfeiting act of 2017

The Bitcoin Foundation Updates on Impending US Legislation that May Cripple All Cryptocurrencies

December 6, 2017 @ 11:16 am By JD Alois |

The Bitcoin Foundation has been working diligently to mitigate language of pending legislation, “The Combating Money Laundering, Terrorist Financing, and Counterfeiting Act of 2017″ (S.1241), in the US Senate that would define anyone issuing, redeeming or cashing Bitcoin as a financial institution. Think about what that… Read More

Read more in: Blockchain & Digital Assets, Featured Headlines, Opinion, Politics, Legal & Regulation | Tagged aml, bitcoin, chuck grassley, llew claasen, perspective, the bitcoin foundation, the combating money laundering terrorist financing and counterfeiting act of 2017