Tag Archive: Jerry Brito

  • AML: US Rules Would Force Declaration Of Crypto At Borders Bitcoin, News, News teaser

    AML: US Rules Would Force Declaration Of Crypto At Borders

    An update to US anti-money laundering (AML) legislation currently going through Congress would oblige travelers to declare digital currency at the border. AML Rules Target $10k+ Crypto Holdings S. 1241, a new bill sponsored by Senator Chuck Grassley, proposes adding the terms ‘digital currency’ and ‘prepaid access devices’ to existing list of financial items subject so such AML procedures. It would also include reference to “any digital exchanger or tumbler of digital currency.” Ostensibly designed

    · June 10, 2017 · 11:00 am
  • terrorism Bitcoin, News, News teaser

    Report: Only ‘7.929 BTC’ Funded Terrorism Since 2015

    Coin Center CEO Jerry Brito has said it is “time to assess” cryptocurrency’s exposure to terrorism in light of the US Congress moving to investigate links. Brito: Community ‘Shouldn’t Be Concerned’ By Congress Highlighting preliminary findings from the Center for a New American Security (CNAS), which he describes as “by and large excellent,” Brito said the community should learn not to fear scrutiny from regulators. “News reports today that Congress may soon commission a study assessing

    · May 16, 2017 · 2:30 pm