This is required within 180 days of starting your business under the Bank Secrecy Act, which regulates money transfer services that are acting as non-bank entities.

The US Securities and Exchange Commission (SEC) filed a joint stipulation with crypto exchange Binance on Thursday to dismiss its lawsuit against the company, its former CEO Changpeng Zhao (CZ ...

Money talks, and the government listens. Under the Bank Secrecy Act, federal authorities can turn any bank account into a window on our private spending. But that may soon change. A family business in ...

However, she added that the GENIUS Act will not have as profound an impact on crypto prices as other policy changes, such as the Securities and Exchange Commission's early 2024 decision to approve ...

CEO Brian Armstrong celebrated a significant milestone for cryptocurrency regulation after the GENIUS Act cleared its first major procedural hurdle in the Senate with bipartisan support.

As the US crypto ecosystem enters a new era of regulatory maturity, institutional confidence, and mass adoption, Antier sets a new standard with ...

The Bank Secrecy Act kicked off the decade with its passage by Congress in 1970. It required US-based financial institutions to keep records of all financial transactions that “have a high degree of ...

Texas Bank and Trust named Jennifer Harris the 2024 recipient of the TB&T Community Spirit Award at the bank’s annual employee dinner March 18. Harris is senior vice president and business ...

The three pled guilty to a series of federal charges, including violations of the Bank Secrecy Act, for failing to implement proper anti-money laundering (AML) and know-your-customer (KYC) protocols.

The BITCOIN Act and a national stablecoin framework The formation of a self-regulatory organization for digital assets Investment in R&D funding to integrate blockchain into government operations ...

The Bank Secrecy Act of 1970 established CTRs as we know them today, and Treasury regulations enacted in 1972 set the threshold at $10,000. As Anthony points out, the $10,000 threshold has ...

The GENIUS Act would establish permitted payment stablecoin issuers as financial institutions for purposes of the Bank Secrecy Act (BSA) and would limit payment stablecoin issuance in the US to ...