Joe Ciccolo on Compliance, Risks of being Non-Compliant and his Prediction of the Future of the Crypto Space

In this episode we speak with Joe Ciccolo, Founder and President of BitAML, a regulatory compliance consulting firm. Ciccolo has an extensive background in compliance and anti-money laundering, touching on topics such as possible SEC regulations, the importance of record keeping and the risks of being non-compliant.

 

Major topics

Compliance → advice, help and counsel those coming into space Risks to being non-compliant SEC vs FinCEN and their practices Pros and cons of being an MSB through FinCEN AML and KYC Predictions: ICO space is going to get worse before it gets better ICO enforcement actions and subpoenas cryptos: ATMs popping up

Biography 

Founder and president of BitAML; a regulatory compliance consulting firm Worked in traditional bank compliance for a decade (anti-money laundering)