US FinCen proposes regulation to enhance CVC mixing transparency to prevent sanctions evasion

23 October 2023

US FinCen proposes regulation to enhance CVC mixing transparency to prevent sanctions evasionCVC_Phongphan_Shutterstock

The US Treasury, Financial Crimes Enforcement Network (FinCen) has announced a Notice of Proposed Rule Making (NPRM) that identifies international convertible virtual currency mixing (CVC mixing) as a class of transactions of money laundering...

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Michael O'Kane

Michael is Senior Partner at Peters & Peters Solicitors LLP. He has acted in many of the most high profile and sensitive business crime cases of the last 25 years, at Peters & Peters and as a prosecutor. Michael was called…

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