USA, a guide for crypto firms

The Financial Crimes Enforcement Network (FinCEN), the watchdog arm of the U.S. Treasury tasked with stopping financial crimes, issued a new guidance document regarding cryptocurrencies. William M. Peaster (Blockonomi) explains that the interpretive guidance laid out points of regulatory interest for U.S. crypto enterprises. It is non-binding and only represents the watchdog’s current view of the relevant laws.