FinCEN highlights convertible virtual currencies ‘red flags’

摘要

TO provide regulatory certainty for businesses and individuals engaged in financial activity, the Financial Crimes Enforcement Network (FinCEN) has issued two advisories on convertible virtual currencies (CVCs). The Advisory on Illicit Activity Involving Convertible Virtual Currency aims to assist financial institutions in identifying and reporting suspicious activity related to criminal exploitation of CVCs for money laundering, sanctions evasion, and other illicit financing purposes.