The attorneys representing FinCEN said the government is likely to succeed in defending the constitutionality of the law and that the district court’s injunction was “vastly overbroad ...

December 23, 2024: A motions panel of the Fifth Circuit Court of Appeals granted a motion of the Financial Crimes Enforcement Network (FinCEN) to lift that injunction and reinstate the CTA ...

Garland. Previously, FinCEN had extended the deadline from January 1, 2025. The Fifth Circuit justified this flip flop on the basis that: “The merits panel now has the appeal, which remains ...

In light of the decision, reporting companies are required to submit beneficial ownership information to Fincen, but the Treasury Department has extended the filing deadlines. Companies created or ...

FinCEN has proposed to regulate Bitcoin privacy tech under the PATRIOT Act. But the data used to support FinCEN‘s proposal is partial at best, highlighting the gravity of blockchain surveillance ...

McHenry, the Financial Crimes Enforcement Network (“FinCEN”) confirmed compliance with the Corporate Transparency Act (“CTA”) remains voluntary. On January 24, 2025, FinCEN posted the ...