U.S. authorities said Kais Mohammed helped customers to convert BTC to fiat, charging a 25% commission for his service.
According to FINCEN, there have been over 70,000 cases of digital currency-related fraud reported to their agency since 2013.
Asian digital currencies derivatives platform Bitgate has applied for a money services business license with the U.S FinCEN as it...
The Department of Homeland Security acknowledges that it has a team working to track illegal crypto activity.
A look at some of the highlights of what is happening in the Bitcoin space this week.