Fintechs use rule-making pause to fight cryptocurrency proposal ...Middle East

Financial technology firms are fighting a Treasury Department anti-crime proposal that would require them to gather much more information about their customers’ use of cryptocurrencies. Treasury’s Financial Crimes Enforcement Network, known as FinCEN, in December proposed that companies conducting cryptocurrency businesses collect personal information about parties using their services, including Bitcoin transactions for payments. Opponents, […] The post Fintechs use rule-making pause to fight cryptocurrency proposal appeared first on Roll Call.

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