Director of the US Financial Crimes Executive Network: Anti-Money Laundering Law also applies to cryptocurrencies

Kenneth Blanco, director of the Financial Crime Execution Network (FinCEN), made a clear statement at Georgetown University that anti-money laundering (AML) laws apply to everyone. According to Blanco, financial technology companies that provide anonymous services to cryptocurrency users must comply with the “anti-money laundering laws” “like all other companies”.