FIN Moots Congress To Regulate Crypto Under BSA

FIN Moots Congress To Regulate Crypto Under BSA

The Financial Integrity Network (FIN) has urged the US lawmakers & authorities to regulate cryptocurrency firms & related industry under the Bank Secrecy Act (BSA). If the proposal of the FIN is accepted this would increase the restrictions on VSAPs ( virtual asset service providers) and make their business more difficult and also many companies that cannot comply with the given regulations will be thrown out the industry.

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