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Ripple fined

Started by jaran, May 05, 2015, 11:02:06 PM

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jaran

#1
http://www.fincen.gov/news_room/nr/pdf/20150505.pdf

"Virtual currency exchangers must bring products to market that comply with our anti-money
laundering laws," said FinCEN Director Jennifer Shasky Calvery. "Innovation is laudable but
only as long as it does not unreasonably expose our financial system to tech-smart criminals
eager to abuse the latest and most complex products."