BitMEX has pleaded guilty to violating the Bank Secrecy Act (BSA), according to a Wednesday announcement from the U.S. Department of Justice (DOJ). According to newly published court documents ...

On January 1, 2021, the US Senate voted to override President Donald Trump’s veto of H.R. 6395, the National Defense Authorization Act for Fiscal Year 2021 (NDAA). 1 As part of the NDAA, the ...

The Thursday announcement stems from a late-2020 enforcement action. By Nikhilesh De UpdatedMay 11, 2023, 5:07 p.m. PublishedFeb 24, 2022, 10:20 p.m. DOJ seal (Getty Images) ...

Officials with the US Department of Justice announced that cryptocurrency exchange BitMEX pleaded guilty to violating the Bank Secrecy Act (BSA) by operating without “any meaningful” Anti ...

[i] On August 18, 2020, FinCEN, the primary regulator and administrator of the BSA, published its “Statement on Enforcement of the Bank Secrecy Act” (the “Enforcement Statement”).

The Bank Secrecy Act allows for the bulk collection of American's financial data. It's time to narrow its scope. The US is on the brink of enacting rules for digital assets, with growing ...

Trump granted pardons to co-founders Benjamin Delo, Arthur Hayes and Samuel Reed, who had pleaded guilty in 2022 for failing to implement a Bank Secrecy Act-compliant anti-money laundering program.

An overview of how federal bank regulatory agencies examine banks for Bank Secrecy Act (BSA) compliance and the available enforcement actions or other measures regulators may take when compliance ...

Add to Calendar: Add to Calendar: 2021-07-08 19:00:002021-07-08 20:00:00 Adapting to the AML Act of 2020 Event Description The Anti-Money Laundering Act of 2020 (AMLA) is the most significant ...