Crypto Reporting

FACT Coalition Submits Recommendations to Treasury about Combatting Illicit Finance in Digital Assets

November 3, 2022

FACT’s comments advise that financial regulators will need to take strong action to apply comprehensive AML, CFT, and reporting protocols to the digital asset ecosystem.

Congress Should Tread Cautiously with Digital Asset Reporting Exceptions

August 5, 2021

Congress should be cautious in broadly excluding certain actors or transactions from digital asset reporting requirements as this is a unique opportunity to craft comprehensive rules to avoid tax-evasion, increase financial transparency, and help deter illicit financial flows and corruption.