News

Weekly Roundup: FinCEN Pitches AML Rules for Antiquities, US Clears Humanitarian Transfers to Afghanistan, and More

The U.S. Financial Crimes Enforcement Network sought public comment on the best approaches to extending anti-money laundering obligations to dealers in antiquities, ACAMS moneylaundering.com reported. More The Treasury Department issued two waivers and revised guidance to enable financial institutions to process payments by the U.S. government, nonprofits and a handful of other organizations for exports of medicine, agricultural products and other humanitarian goods and services to Afghanistan. More Chinese officials prohibited citizens from trading or otherwise using cryptocurrencies, the Financial Times reported. More An unidentified Bitcoin miner managed to cash out $58 million worth of the cryptocurrency in the hour...

TO READ THE FULL STORY