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FinCEN Encourages Banks to Share Customer Information With Each Other

The guidance is apt to chafe privacy advocates, inside and outside the crypto space, who are already uneasy about the honeypot that FinCEN’s suspicious activity report database has become.

Updated Sep 14, 2021, 10:42 a.m. Published Dec 11, 2020, 10:15 p.m.
FinCEN director Kenneth Blanco
FinCEN director Kenneth Blanco