FinCEN: Social Media Companies That Tokenize Must Follow the Law

Social media networks with crypto aspirations must guard their systems against criminal exploitation, the U.S Treasury Department’s deputy fiscal crimes enforcer said at an anti-money laundering (AML) conference. In prepared remarks, Jamal El-Hindi, deputy director of the Financial Crimes Enforcement Network (FinCEN), said these “new payment technologies” need to be held to the same AML […]

Continue Reading

Libra Vice Chair Not Worried About the Leavers

In a chat on the Davos Promenade during last month’s World Economic Forum, Dante A. Disparte, vice chair of the Libra Association, made the case for the consortium-managed cryptocurrency project. Shrugging off recent major corporate exits from the Association, Disparte made the case for Libra as a viable open-source platform for products that enhance financial […]

Continue Reading

Is Facebook Censoring Crypto Content Again?

Twitter user Elijaboom posted that Facebook’s messenger app would not let him send a link forb insidebitcoins.com to an associate based in Turkey. He noted that it seems like Bitcoin and crypto-related websites and content could once again be considered a violation of Facebook’s community guidelines. Did crypto get the banhammer once again? Facebook, the […]

Continue Reading