Tag "Cryptocurrency"

FinCEN Issues Guidance and Advisory on Convertible Virtual Currencies

On May 9, 2019, the U.S. Financial Crimes Enforcement Network (FinCEN) issued guidance on the application of Bank Secrecy Act (BSA) regulations, specifically those regulations applicable to money services businesses

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Cryptocurrency, FinCEN, US

A Complete Guide to Regulations on Cryptocurrencies and ICOs in Thailand

This blog has previously discussed how different countries have taken varying positions with respect to their friendliness toward cryptocurrencies and ICOs. Baker McKenzie’s office in Thailand has prepared a guide

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Cryptocurrency, ICO, Thailand

The New York BitLicense in Brief

In June 2015 New York leapt forward and introduced the BitLicense.  The BitLicense regulations prohibit companies from engaging in “virtual currency business activity” in New York, or with New York

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BitLicense, Cryptocurrency, New York