Home Bitcoin News Bitcoin Scam FinCen’s Proposed Virtual Currency Requirements: Why the Criticism, and What’s Next?

FinCen’s Proposed Virtual Currency Requirements: Why the Criticism, and What’s Next?

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Crypto-illustration Cryptocurrency (Picture: Picture illustration Jason Doiy/ALM)

Based on the current discover of proposed rulemaking from the Monetary Crimes Enforcement Community of the U.S. Treasury (FinCen), sure transactions involving digital property and digital forex might be topic to a extra burdensome regime than conventional cash transfers, a transfer that has drawn a lot criticism from crypto insiders.


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