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Crypto’s Access to Banking Services: Consensus 2021 Recap

Cryptocurrency is revolutionizing traditional finance. Bringing his expertise in cryptocurrency and blockchain security to the Consensus 2021 virtual conference, CipherTrace CEO Dave Jevans was joined by Hailey Lennon (attorney at Anderson Kill, formerly at Silvergate) and Michael Kimani (creator at Cryptobaraza) for a lively discussion on “Crypto’s Thorn in the Flesh: Access to Banking Services.”…

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FinCEN Doubles Down on Banks’ Crypto Exposure

Taking center stage in a key-note address at the virtual 2020 ACAMS Las Vegas Conference, FinCEN Director Kenneth A. Blanco clarified a long-standing confusion banks have had regarding their exposure to cryptocurrencies and the steps they must take the mitigate these risks.  Director Blanco said that FinCEN continues to focus its efforts on a number…

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