FinCEN Aims To Fill Crypto Reporting Gaps Despite Pushback

By Al Barbarino ( December 21, 2020, 8:07 PM EST) -- The U.S. Treasury Department's financial crimes unit is seeking to address "gaps" in cryptocurrency reporting by requiring financial institutions and exchanges to report the movement of crypto funds above certain amounts, a move that critics say could stifle innovation and stunt the banking industry's growing acceptance of the asset class. ...

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