🚨 FBI warns Americans against using unregistered crypto services.
According to a statement from the FBI, Americans should not use cryptocurrency services from businesses that are not registered as money services businesses (MSBs) under federal law.
The FBI also offered an official FinCEN tool allowing users to search whether a company is registered as an MSB.
“A few simple steps can prevent the unintentional use of non-compliant services. For example, avoid crypto services that do not collect KYC information from its customers when necessary.”
