Proposed Rules for Transactions with Unhosted Virtual Currency Wallets
By EsqSocial Corporation 06/01/21
On 18 December, the Financial Crimes Enforcement Network (FinCEN) at the U.S. Department of the Treasury announced highly anticipated and controversial new proposed requirements designed to mitigate illicit finance risks associated with “unhosted” virtual currency wallets and wallets hosted in certain foreign jurisdictions with weak anti-money laundering regimes....
By: K2 Integrity