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FinCEN Encourages Banks to Share Customer Data With Each Other- CoinDesk

A U.S. agency that fights financial crime is encouraging financial institutions, ranging from banks to cryptocurrency exchanges, to share customer information with one another to catch wrongdoers.The Financial Crimes Enforcement Network (FinCEN), a bureau of the Treasury Department, issued a fact sheet Thursday spelling out that the 2001 Patriot Act

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S&P, State Street Back $15M Investment in Crypto Data Startup Lukka

Financial data giant S&P Global and institutional asset manager State Street Corp. are headlining a $15 million investment in Lukka, the blockchain data startup set to power the upcoming cryptocurrency indices from S&P Dow Jones.CPA.com, the for-profit arm of the American Institute of Certified Public Accountants (AICPA), also participated in

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Blockchain Bites: Paxos’ Banking Play, France’s KYC Terreur, FinCEN’s Personal Data Honeypot

U.S. lawmakers are asking the nation’s financial guardians to clarify custodianship questions. France is looking to eliminate anonymity in the crypto sector. And an exposé into how FinCEN became a honeypot for personal information. Top shelfBanking playPaxos is making moves to become a federally regulated bank in the U.S., according to

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It’s not about data ownership, it’s about data control, EFF director says

As technology advances, personal data becomes an increasingly relevant topic. Many in the crypto industry hold sovereign finance and data privacy in high regard. Participants' best efforts may be undermined by centralized businesses and regulating bodies, however, according to Cindy Cohn. Cohn is the executive director at the Electronic Frontier Foundation, or

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