U.S. agencies sought millions of dollars in new funding to bolster national and international cryptocurrency investigations.
Singapore-based Bitget has registered with the U.S. Treasury Department as a money services business, the first step to launching operations in the country.
Canada’s financial crimes watchdog is preparing to implement its broad new virtual currency oversight powers ahead of the Financial Action Task Force’s June 2020 deadline.
U.S. Treasury Secretary Steven Mnuchin said FinCEN is preparing “significant new requirements” around cryptocurrencies to tamp down illicit activity.
Social networks with crypto aspirations must guard their systems against criminal exploitation, said FinCEN’s deputy chief.