FinCEN director Jennifer Shasky Calvery gave an interview discussing FinCEN’s approach to Bitcoin. She emphasized that FinCEN is actively monitoring new developments in Bitcoin and considering their regulatory implications, as well as emphasizing FinCEN’s expectation that Bitcoin businesses comply with existing anti-money laundering regulations.
The European Union’s law enforcement agency issued an internet organized crime threat assessment, which examines the various technologies and services used by cybercrime organizations. The assessment includes a discussion of the use of virtual currencies, including Bitcoin, in laundering the proceeds of cybercrimes.
An information technology manager for Liberty Reserve pled guilty to conspiring to operate an unlicensed money transmitting business.