For over a decade Treasury’s Financial Crime Enforcement Network (FinCEN) has been providing guidance and taking enforcement actions in the virtual assets space. In 2013 guidance FinCEN clarified that the US anti-money laundering regime applies to cryptocurrency businesses paving the way for enforcement against non-compliant virtual asset service providers. However, questions still remain. How does the BSA apply to DeFi? What role do mixers and anonymity enhancing technology play in the ecosystem? In this TRM Talks, Ari Redbord, TRM's Global Head of Policy sits down with Kevin O’Connor, Chief of FinCEN’s Virtual Assets and Emerging Technology Section of the Enforcement and Compliance Division, to discuss FinCEN’s crypto strategy to answer these and other questions.

Today’s Guests

Kevin O’Connor, Chief of FinCEN’s Virtual Assets and Emerging Technology Section of the Enforcement and Compliance Division

Host: Ari Rebord, Global Head of Policy, TRM Labs