FinCEN to stop Bitcoin working like secret Swiss bank accounts

FinCEN to stop Bitcoin working like secret Swiss bank accounts – Decrypt

The Secretary of the United States Treasury yesterday announced that FinCEN, the country’s body that tackles financial crimes like anti-money laundering and terrorist financing, will soon roll out new requirements regarding Bitcoin and other cryptocurrencies. Steven Mnuchin said, “We are about to roll out some significant new requirements at FinCEN.