The company was slapped with a FinCEN fine and is implementing new identification procedures.
Just one year ago, Ripple Labs was making waves as a competitor of sorts to the buzzy cryptocurrency bitcoin. This summer has been a bit of a different story: FinCEN, the federal agency tasked with fighting financial crime, took enforcement action against Ripple, and the company has paused new signups for one part of its business.
While bitcoin is one […]
