Blockchain

The Bank Secrecy Act (BSA) requires certain businesses to register with the U.S. Treasury Department’s Financial Crimes Enforcement Network (FinCEN). Money services businesses (MSBs) must comply with the BSA requirements applicable to financial institutions as well as the specific requirements applicable to MSBs, including FinCEN registration. FinCEN Registration Process: Who Needs to Register with FinCEN? […]

The rapid growth of cryptocurrencies and other digital assets has opened up new and potentially lucrative investment opportunities. However, the same factors driving innovation in this space have also created fertile ground for scams and fraudulent practices. Bad actors often exploit the general lack of understanding surrounding blockchain technology, using cryptocurrency’s anonymity and gaps in […]

With blockchain compliance regulations still evolving, many clients ask whether compliance can be simplified. The cryptocurrency industry is still in the early stages of maturation, which creates legal uncertainties moving forward.  However, at the pace of development within the industry, regulators and courts struggle to meet the developments with a cohesive legal framework that market […]

A blockchain lawyer helps clients successfully navigate the ever-evolving regulatory body of law and avoid unnecessary legal risks. Obtaining experienced legal advice allows companies to confidently take advantage of blockchain technology, intellectual property protection, and reduces the likelihood of costly errors in corporate governance. At Scarinci Hollenbeck, we offer attorneys dedicated to understanding the intersections […]