Title: USA Cryptocurrency Regulation | Bitcoin Law | Coinfirm
Headings: USA Cryptocurrency Regulation | Bitcoin Law
USA Cryptocurrency Regulation | Bitcoin Law
Crypto AML: The Bank Secrecy Act (BSA)
The Bank Secrecy Act and the Patriot Act
FinCEN’s Self-Hosted Wallet Regulations
Cryptocurrency Tax Regulations in the USA
USA Cryptocurrency Regulations Licensing Requirements
FinCEN CVC Guidance – PDF Download
USA Crypto Regulatory & Financial Investigatory Units/Agencies
OFAC Cryptocurrency Sanctions

Content: These moves come at a time that Bitcoin and the wider cryptocurrency markets experience growing adoption from the traditional finance players. Read: the Risks & Benefits of FIs running INVNs
Most crypto businesses – including cryptocurrency exchanges – are classed by FinCEN as Money Service Businesses (MSB) due to facilitating the trade of Convertible Virtual Currencies (CVCs). CVCs are a USA regulatory term for cryptocurrencies. FinCEN CVC Guidance – PDF Download
Cryptocurrency exchanges that fail to register as a MSB is a breach of the AML/CFT regulation, the Bank Secrecy Act. Crypto fund managers that invest in crypto futures must be licenced with the CFTC (Commodity Futures Trading Commission) as a Commodity Trading Advisor and Commodity Pool Operator. This also applies to fund managers using leverage/margin trading. ICOs that could be construed as securities must be registered with the SEC (Securities and Exchange Commission) – see the Howey Test, or request an exemption. USA Crypto Regulatory & Financial Investigatory Units/Agencies
Various regulatory authorities see themselves as the regulator for cryptocurrencies in the United States. The fact that cryptocurrencies have been and continue to be classed variously as commodities, securities and currencies can further confuse market participants.