Home Tags Money transmitters
Tag: money transmitters
In the U.S., the Bank Secrecy Act (BSA) clamps down against financial crimes by requiring money services businesses (MSBs) — generally any enterprise dealing with the transmission of money — register as such and then record and report certain transactions. Now, the head of the Financial Crimes Enfo..
A federal grand jury indicted William Green, a resident of New Jersey, for operating unregistered money transmitting enterprise via bitcoin as against the federal law. According to the press release by the U.S. Department of Justice (DoJ) on Wednesday (July 25, 2017), William Green ran a website wh..