COINMAG stories about FinCEN, newest first, with key facts and answers to common questions.
FinCEN and the Federal Reserve have scrapped a proposal to lower the crypto Travel Rule threshold to $250, but EU regulations still demand full information for $500 cross‑border transfers.
The European Union has created a dedicated crypto task force within a new sanctions office to target digital‑asset networks used by Russia, including the A7 stablecoin.
FinCEN ordered the removal of crypto exchange MEXC Global from the US financial system, citing $16 billion in sanctions‑evasion and cybercrime transactions.
FinCEN and the Federal Reserve withdrew their 2020 plan to lower the cross‑border crypto reporting threshold from $3,000 to $250, keeping current rules unchanged.
The new federal framework for payment stablecoins does not exempt exchanges, wallets and remittance firms from FinCEN registration or state money‑transmitter licenses.
Bitbase has launched its Bitbase 2.0 initiative, introducing a new brand identity and mascot to pivot from a pure trading venue to a broader value platform.
Legal experts warn that labeling a crypto business as noncustodial does not automatically exempt it from money transmitter licensing obligations in the US.