On August 6, 2025, FinCEN published a Readout regarding its latest FinCEN Exchange held on July 15 where it convened Treasury components, law enforcement agencies, financial institutions, regulatory technology companies, and trade groups to share insights on driving innovation in the digital assets ecosystem while protecting consumers from emerging fraud and scam threats. The FinCEN Exchange event, titled “Advancing Digital Assets Innovation While Safeguarding Consumers Against Fraud and Scam Risks,” focused on industry trends, fraud prevention, law enforcement's role in combating financial crimes related to digital assets, and compliance best practices.

According to FinCEN, the Exchange event represents a continuation of Treasury’s commitment to fostering dialogue between government agencies and private sector partners to combat financial crimes while supporting innovation. The event supported Executive Order 14178, which strengthens American leadership in digital financial technology. FinCEN continues to encourage financial institutions to stay informed of evolving digital asset risks by reviewing FinCEN’s relevant available on its website.

FinCEN’s news release can be found here.

Adam Witmer

Adam Witmer is a speaker, author, and founder of the Compliance Cohort. Adam has taught hundreds of seminars and training sessions to thousands of bankers throughout the United States and teaches on all areas of regulatory compliance. Adam has written five e-books that he never published, hit a grizzly bear while driving in a National Park, and is an award winning photographer and musician (though he no longer takes photos nor plays any instruments). In his spare time, Adam can be found kayaking on the lake, doing taekwondo with his kids, working on his (project) house, or spending time with his family.

Website

Become a Free Member