AMB Crypto
2020-12-19 09:00:06

Why FinCEN’s proposed rule is ‘awful’ for the crypto-ecosystem

The long-awaited proposed FinCEN rule, one that would extend AML regulations to non-custodial wallets, has finally been issued, ending much speculation around what the rule would entail and creating significant unrest among the crypto-community. The proposed rule will require Virtual Asset Service Providers (VASPs) such as exchanges and custodians to record the physical name and […]

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