Posted By: loyo111
Crypto Platforms - 09/11/19 06:11 PM
I have a few clients sending ACH transactions to platforms such as Coin Base and Robin Hood presumably for exchanging Crypto CCY.
If we cannot locate these platforms as registered MSBs in FinCEN's site, how are banks handling these transactions?
Do you not allow them altogether or do you monitor for ongoing patterns and escalate if the volume merits questioning?
Thanks
If we cannot locate these platforms as registered MSBs in FinCEN's site, how are banks handling these transactions?
Do you not allow them altogether or do you monitor for ongoing patterns and escalate if the volume merits questioning?
Thanks