Myth Busted: Crypto Isn't Anonymous. Most blockchain transactions are public, traceable, and increasingly regulated. Stricter KYC requirements and Travel Rule compliance among exchanges provide an additional layer of traceability. 🔍 Transparency is built-in. Don’t mistake pseudonymity for privacy. #CryptoCompliance #Blockchain #KYC #TravelRule #FinTech #Transparency #MythBusted
BitAML
Financial Services
Roseville, California 1,253 followers
AML/KYC, cybersecurity, and consumer protection compliance for cryptocurrency financial institutions, big and small.
About us
BitAML is a compliance advisory firm exclusively serving the Bitcoin and cryptocurrency market. Founded in 2015 by Joe Ciccolo, BitAML has served hundreds of innovative clients including bitcoin ATM operators, cryptocurrency exchanges, OTC desks, trading platforms, DeFi projects, web3, NFT marketplaces, cryptocurrency hedge funds, prepaid crypto cards, and lenders. BitAML prepares custom written AML, cybersecurity, and consumer protection policies; conducts independent AML reviews, provides on-demand compliance support, annual training, and compliance project management for high-growth potential financial institutions in the cryptocurrency space. The consultancy also advises policymakers, law enforcement, and a growing number of traditional institutions that offer banking services to, or partner with, cryptocurrency companies.
- Website
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https://linktr.ee/BitAML
External link for BitAML
- Industry
- Financial Services
- Company size
- 2-10 employees
- Headquarters
- Roseville, California
- Type
- Privately Held
- Founded
- 2015
- Specialties
- bitcoin AML/KYC, bitcoin regulation, bitcoin compliance, crypto compliance, cyber security, crypto AML/KYC, compliance policy, crypto regulation, compliance management, consumer protection, web3, and DeFi
Locations
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Primary
Get directions
3017 Douglas Blvd
300
Roseville, California 95661, US
Employees at BitAML
Updates
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Regulators are shifting focus — are you ready? In Q2 2025, crypto firms face eased DOJ enforcement but heightened state-level scrutiny. And $40M settlements like Block’s show compliance failures still cost. 💡 Stay proactive. Your AML playbook needs updates. #CryptoCompliance #FintechRegulations #RegTech #BlockchainLaw #AMLUpdate
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🚨 Effective April 14, 2025, FinCEN's new Geographic Targeting Order (GTO) requires Money Services Businesses (MSBs), including crypto ATM operators in designated Southwest border areas, to: - File Currency Transaction Reports (CTRs) for cash transactions exceeding $200 (a significant reduction from the previous $10,000 threshold). - Verify and record customer identification for such transactions. This measure aims to combat illicit activities by enhancing transparency in cash transactions. Non-compliance can lead to severe penalties. Is your compliance program ready? Review and adjust your AML protocols to align with these new requirements. For detailed information, refer to FinCEN's official release. FinCEN.gov #FinCEN #CryptoCompliance #AML #GTO #CryptoATM #BitAML #RegulatoryUpdate
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🔍✨ What exactly is blockchain, and why is it a game-changer for industries beyond cryptocurrency? From immutable ledgers to decentralized networks, blockchain is redefining transparency and trust in digital transactions. 🌐💡 Dive into its potential for supply chains, digital identity, and so much more! 🚀 What blockchain use cases are you most excited about? Let us know! ⬇️ #BlockchainTechnology #CryptoBasics #DigitalAssets #TechInnovation
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🗓️✨ March is packed with exciting crypto events worldwide! From Crypto Expo Europe in Bucharest to Web3 Amsterdam, there's something for every blockchain enthusiast. Which event are you most excited about? 🌍🔗 #CryptoEvents #BlockchainConferences #Web3
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🚨 New Blog Alert! 🚨 2024 was a monumental year for crypto! 🏆 From regulatory wins to groundbreaking adoption, we’re breaking down the Biggest Wins for Crypto in 2024. 🔗 Click the link for the full blog! https://lnkd.in/eAwsQqnP What was your favorite crypto moment of the year? Let us know in the comments! ⬇️ #CryptoWins #BitAML #Blockchain
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📈 Exciting times ahead! President Trump has unveiled plans for a U.S. Crypto Strategic Reserve, aiming to bolster the nation's position in the digital asset space. Let's explore what this means for the future of cryptocurrency in America. 🚀 #CryptoReserve #BlockchainFuture #DigitalAssets
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📢 Exciting Announcement! 📢 🚀 Joe Ciccolo, Founder & President of BitAML, is a featured speaker at the 2025 ACFCS Crypto & Web3 Compliance Symposium! 🚀 🎤 Joe will be moderating the "Crypto Scams and Consumer Safeguards: Combating Fraud in the Digital Asset Era" panel, tackling the latest trends in crypto fraud and the strategies to protect consumers in this evolving landscape. 📅 When? May 14, 2025 💻 Where? Virtual – Join from anywhere! ✅ Free for ACFCS members Don't miss this opportunity to gain critical insights from top experts in crypto compliance! 🔍⚖️ #CryptoCompliance #Web3Compliance #CryptoScams #ConsumerProtection #AML #FraudPrevention #BitAML #ACFCS #CryptoRegulation #FinCrime #BlockchainSecurity
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🚨 Trump’s Crypto Regulations: What’s Changing? (Part 1) President Trump has kicked off major changes in the crypto space! 📜🔥 From banning a CBDC to forming a new President’s Working Group on Digital Assets, these moves are shaping the future of U.S. crypto policy. Swipe through to see a summary of key updates so far! ➡️📲 Stay tuned for Part 2! #CryptoRegulation #Bitcoin #Blockchain #CryptoNews #TrumpAdministration #DigitalAssets #BitAML
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The SEC and Crypto - Key Updates from this Past Month💼🏦 In the initial month of President Trump's 2025 term, the Securities and Exchange Commission (SEC) took several notable actions impacting the cryptocurrency landscape... here’s what you need to know 📝 #CryptoRegulations #SECUpdates #BlockchainCompliance #CryptoNews #BitAMLCompliance 🏛️💼
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