Monday, April 20, 2015 9:30 AM - 10:30 AM
Virtual currencies, including Bitcoin, can potentially provide numerous beneficial rewards to consumers from cheaper fees to enhanced privacy. So far, virtual currencies have faced a bumpy road in the broader marketplace sometimes running afoul in the criminal underworld. Thus, as with many emerging products and services, anti-money laundering risks must be taken into consideration and mitigated. This session will address the financial crimes risks, rewards, and pitfalls of virtual currencies.