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What Every Crypto Business, Compliance Officer and Hodler Needs to Know About Anti-Money Laundering Compliance in the Cryptosphere
April 30 @ 11:00 am - 12:00 pmFree
The Blockchain Chamber of Commerce is ending Financial Literacy month with the global community being exposed to two professionals who educate crypto business owners, enthusiasts, and hodlers on how the federal government enforces compliance. You will learn about BTC from the compliance perspective for a change, and all of those pesky requirements that the Feds are imposing on crypto exchanges.
What You Will Learn:
– Understanding the fundamentals of money laundering and what anti-money laundering compliance is all about;
– The regulation of BTC exchanges as money services businesses (MSBs) and why that matters;
– Anti-money laundering requirements for crypto exchanges and why you should take them seriously;
– How and why failing to register with the Feds is such a serious crime;
– Red flags for money laundering according to guidance issued by the Feds; and
– Major compliance cases against crypto exchanges and banks.
When: Thursday; April 30, 2019
Time: 11:00 AM EST – 12:00 PM EST
Cost: FREE (but must register)
Register: RSVP below
Get the passcode when you register on this site
About the Presenters:
Ross S. Delston is a Washington, DC-based independent attorney & expert witness, Certified Anti-Money Laundering Specialist (CAMS) and former U.S. banking regulator (FDIC) who has specialized in anti-money laundering (AML) issues for over 19 years. He has conducted independent AML audits, reviews and assessments for numerous financial institutions. Ross has also been a consultant to the International Monetary Fund (IMF) since 1997 and has participated in the AML assessments of nine offshore financial centers. Attorney Delston is the author of a May 2013 Moneylaundering.com News op-ed entitled, “Insights: Did FinCEN Just Burst Bitcoin’s Bubble?”https://www.martindale.com/legal-news/article_law-office-of-ross-delston_2522231.htm
Arnold A. Spencer is the founding member of Spencer & Associates, a law firm focused on the cryptocurrency industry, as well as traditional businesses and investors that interact with cryptocurrency businesses. The firm represents many cryptocurrency companies and funds, including acting as General Counsel for Coinsource, one of the largest operators of Bitcon teller machines in the United States. Under Mr. Spencer’s leadership, Coinsource is licensed to operate in 40 states and several foriegn jurisdictions. Coinsource was the ninth company in the United States to obtain the New York Digital Currency Business License (“BitLicense”)