FinCEN Chief: Cryptocurrency Firms Aren’t Above the Law

Cryprto Firms

Like it or not, businesses that were cryptocurrency have operated in a legal grey zone. For the majority of all Bitcoin’s ten-year lifespan, exchange programs and other solutions providers did not implement Know Your Client (KYC) and Anti Money Laundering (AML) procedures.
But that’s changing. And fast.

Bitcoin & C..