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FinCEN on Crypto, and How It Affects You

The Financial Crimes Enforcement Network (“FinCEN”) issued several rules which must be followed by anyone dealing with currency (“real” or virtual), in any way. The FinCEN has defined what it deems as a user, an administrator, and an exchanger of virtual currency, on the understanding that “virtual currency” is regarded as a medium of exchange accepted like currency in some environments, but lacking the legal tender status.

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Mati 19 March 2020

Why Cashing In & Out Of Crypto Exchanges Is (still) A Pain In The A**.

The Financial Crimes Enforcement Network (“FinCEN”) issued several rules which must be followed by anyone dealing with currency (“real” or virtual), in any way. The FinCEN has defined what it deems as a user, an administrator, and an exchanger of virtual currency, on the understanding that “virtual currency” is regarded as a medium of exchange accepted like currency in some environments, but lacking the legal tender status.

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Mati 19 March 2020

Rental Industry & How To Fight Fraud

The Vacation Rental industry has, in recent years, become very targeted by fraudsters because of its high-ticket items (the average price of a fraudulent booking ranges from $238-$588, according to Sift Science) and intangible goods – which means there is nothing to collect. In addition, with instant booking capabilities, it becomes increasingly difficult for small teams to investigate every transaction and quickly detect fraudulent activity.

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Mati 19 March 2020

Legal summary: SEC on Crypto

The Vacation Rental industry has, in recent years, become very targeted by fraudsters because of its high-ticket items (the average price of a fraudulent booking ranges from $238-$588, according to Sift Science) and intangible goods – which means there is nothing to collect. In addition, with instant booking capabilities, it becomes increasingly difficult for small teams to investigate every transaction and quickly detect fraudulent activity.

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Carlos 19 March 2020

Compliance for Crypto Companies

The cryptocurrency boom in 2017 was so sudden that many investors and regulators where left dazed confused in its wake. After this initial shell shock passed it became apparent that the financial system was not ready for the introduction of cryptocurrencies in ‘17 and as a consequence many abuses of the system were detected during this period

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Carlos 19 March 2020

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