Financial Crimes Enforcement Network (FinCEN) Director Kenneth A. Blanco today addressed the Consensus Blockchain Conference, which was held virtually this year. He discussed FinCEN’s efforts to provide guidance related to the COVID-19 pandemic; the Travel Rule and trends FinCEN is seeing with respect to compliance; and opportunities for collaboration in the fight against the illicit use of virtual currencies and key challenges.
WASHINGTON—The Financial Crimes Enforcement Network (FinCEN) announced today the award recipients of the 2020 FinCEN Director’s Law Enforcement Awards Program. The annual program recognizes law enforcement agencies that used Bank Secrecy Act (BSA) reporting to successfully pursue and prosecute criminal investigations.
The Financial Crimes Enforcement Network (FinCEN) today issued an advisory to alert financial institutions to rising medical scams related to the COVID-19 pandemic. This advisory contains red flags, descriptions of COVID-19 related medical scams, and information on reporting suspicious activity. This is the first of several advisories FinCEN intends to issue concerning financial crimes related to the COVID-19 pandemic.
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FinCEN is the U.S. Financial Intelligence Unit