FinCEN directs financial institutions to file suspicious activity reports (SARs) to inform law enforcement of certain types of cyber-enabled crime. As the agency charged with protecting the United States from financial crime, FinCEN's guidance does not deem financial institutions who… — Perianne Boring Copy Share Image
In March 2013, FinCEN issued guidance for virtual currency businesses - giving the industry some degree of clarity about how to be compliant on the federal level. — Perianne Boring Copy Share Image
Sir Richard Branson started out as a small business owner and now owns a conglomerate that will give you a ride to the moon.… — Perianne Boring Copy Share Image
Exchanging bitcoin on behalf of ransomware victims should not be construed as criminal activity by the exchanger, not as a matter of law nor… — Perianne Boring Copy Share Image
The credit/debit card transaction system is antiquated, expensive, and inefficient. There are over nine steps to complete a transaction from the time a customer… — Perianne Boring Copy Share Image
If you are not an accredited investor, you only have one option: to buy and hold bitcoin on your own. The process of acquiring… — Perianne Boring Copy Share Image
After Jessica Mitford published 'The American Way of Death' in 1963, to expose the abuses in the funeral industry, a groundswell of support for… — Perianne Boring Copy Share Image
Applying criminal law to the exchange of bitcoin on behalf of ransomware victims would create a morally shocking result of re-victimizing a victim. All… — Perianne Boring Copy Share Image
In the US, banking and finance are regulated on the federal and state level, there are multiple federal bank regulators, and there are separate… — Perianne Boring Copy Share Image
The law provides a remedy, charging those who threaten a victim's data for the purpose of extortion. Extending criminal liability to innocent third-party digital… — Perianne Boring Copy Share Image
Blockchain startups are suffering from a crippling, archaic, and antiquated state regulatory system - and it's driving innovation abroad. Many blockchain start-ups trigger or… — Perianne Boring Copy Share Image
Bitcore was introduced to give a trusted platform to spur further bitcoin innovation, allowing BitPay to focus on what they do best: acquire merchants. — Perianne Boring Copy Share Image
A new product, technology, or innovation - such as Bitcoin - has the potential to give rise both to frauds and high-risk investment opportunities.… — Perianne Boring Copy Share Image
When you take a look at how the IRS treats foreign currency, bitcoin doesn't have the same taxation regime. Foreign currency gains and losses… — Perianne Boring Copy Share Image
