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Tag: Bank Secrecy Act (BSA)

FinCEN Guidance: How To Hemp

On June 29, 2020, the Financial Crimes Enforcement Network (FinCEN) released guidance (the “Guidance”) on the Bank Secrecy Act (BSA) and anti-money laundering (AML) obligations...

Government Accountability Office (GAO) Says That IRS Refused to Clarify Its Authority on Crypto Tax Guidance

The Government Accountability Office (GAO), a US Congress watchdog, evaluated the existing approach of the Internal Revenue Service (IRS) towards cryptocurrencies. It published...

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