Podcasts about bitaml

Everything You Need To Know About Cryptocurrency Compliance Welcome to the episode that is everything related to Cryptocurrency and AML. Episode 3 of “WE WERE ON A BREAK” - Ross Voice. The series where the host, Stephen Brent Sargeant talks to industry professionals during the CoronaVirus (COVID-19) quarantine and gains industry insights and expertise. In this episode, we sit down with one of the first Financial Crime Compliance specialists in the USA to specialize in only cryptocurrency, Joseph (Joe) Ciccolo. He is the entrepreneurial founder of BitAML and ComplyFit, which are industry leading products and services that support the compliance needs of Blockchain and Cryptocurrency businesses. Joe discusses the varying cryptocurrency regulations in the USA, the positive impact FinCEN is having on the industry and he gets you up to speed as to why Bitcoin ATMs/Kiosks are emerging in certain states. Joe mentions some of the best crypto compliance professionals in Canada and we talk about how to operate a successful crypto business without ending up behind bars. Of course we end with how professionals can transition from traditional AML to crypto investigations and what it is like to run social media and be an entrepreneur. If you are looking to get into the Crypto Compliance industry, this is the man and episode for you. Enjoy and don’t forget to provide feedback, share with a friend or leave a review. **DisclaimerThe views and opinions expressed in this episode (and all episodes) are those of the host and the guests. They do not purport to reflect the opinions or views of their employers, contractors or any organization they may be affiliated with now or in the future. Time Stamps (Return back to your favorite point of the episode): • (1:45) – Intro To Joe And BitAML • (3:05) – Why Only Provide Compliance Consulting For Cryptocurrency • (5:55) – How To Switch The Narrative That Compliance Is A Cost Center • (7:06) – Why FinCEN Has Done A Good In Setting The Compliance Tone • (9:33) – How To Start A Crypto Business Without Ending Up In Jail • (12:26) – Why Are ICOs So “Frothy” • (15:34) – All You Need To Know About Bitcoin ATMs/Kiosks • (18:36) – The Scene Of Cryptocurrency Compliance In 2015 • (22:12) – What Are Hiring Managers Looking For In Crypto Compliance Candidates • (27:35) – What Is ComplyFit And What Does It Has To Do With The Sacramento Kings (nba) • (31:16) – Branding And Marketing In Compliance • (34:05) – What Are The Best Cryptocurrency Companies (MSB) Doing Well • (37:07) – Where Does Joe Go When He Needs Updated Compliance Information Stephen Brent Sargeant (Host) • Linkedin (Best way to reach me) - linkedin.com/in/stephen-brent-sargeant-cams • Instagram (Everyday type stuff) https://www.instagram.com/stephen_b_sargeant/ • Twitter (I communicate in GIFs) - https://twitter.com/lifesgt • Business Related Matters (Let’s Collab): stephenbsargeant@gmail.comJoe Ciccolo (Guest) • LinkedIn: linkedin.com/in/joeciccolo (Loves LinkedIn) • Email: joe@bitaml.com (best way to reach him) • Personal Twitter: https: @AML_Report • Company Twitter: @BitAML • BitAML Website: https://bitaml.com/ • ComplyFit Website: complyfit.com • Industry Leading Blog: https://bitaml.com/blog/Resources • Sample SAR Narrative (need to download): https://bitaml.com/resources/#edd-free-download-modal • Cryptocurrency Certified Continuing Education: https://bitaml.com/banking-law-enforcement/ • OFAC’s Bitcoin Blacklist Could Change Crypto (Article): https://www.coindesk.com/goodbye-fungibility-ofacs-bitcoin-blacklist-remake-crypto • ACFCS (Member Spotlight): https://www.acfcs.org/member-spotlight-for-joe-ciccolo-a-passion-to-learn-share-leads-to-growing-crypto-aml-practice/ • LAB Radio (Episode 13 Podcast) https://coinstructive.com/labradio-ep13-joseph-ciccolo-bitaml/ • A Beginner’s Guide to Operating Your Own Bitcoin ATM (99 Bitcoins Article): https://99bitcoins.com/beginners-guide-operating-bitcoin-atm/https://99bitcoins.com/beginners-guide-operating-bitcoin-atm/Background Music • Goose Goddi (Music Producer) - https://instagram.com/goosegoddi?igshid=1paia8lwy2x3o

I had an awesome discussion with my brother of the leaf. Joe is the King of Compliance. He heads BitAML. Their firm provides compliance services for exchanges and money service processors. We talked about how he got into this space, his thoughts on compliance, California Assembly Bill 1489, and even Cigars. We had a great talk and I learned so much! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/cigarsandcrypto/support

This was a fantastic episode with a wonderful lady. Annelise is a Senior Advisor with BitAML. We discussed her experience with AML and Compliance, her mention in a Coindesk article about rogue legislators on August 14th, ComplyFit, and all things crypto. Please take a moment to check it out!!! --- This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app Support this podcast: https://anchor.fm/cigarsandcrypto/support

Joel Ciccolo is the founder of BitAML, a financial crypto compliance firm. Joe spent over a decade in high-impact roles with leading institutions. He was a founding member and architect of a Bank Security Act and Anti-Money Laundering program for a top 100 U.S. online financial institution and also worked as a project manager for a top 20 international bank, where he managed regulatory and AML audit remediation projects.

BitAML is a compliance advisory firm working in the fast-growing and dynamic cryptocurrency financial sector. We offer compliance advisory services and consultation for regulated cryptocurrency companies, including bitcoin ATM operators, exchanges, traders and trading platforms, hedge funds, crypto-cannabis, and other innovative solutions providers. Our tools and services are designed to make it easier for you to understand and implement relevant, up-to-date compliance practices in the cryptocurrency industry. Cryptocurrency has been around for just short of a decade, and as an industry is still very much in its infancy. Thus, it's occasionally unpredictable, and newcomers to space need expert guidance navigating compliance landmines at all levels of government. BitAML's attention is laser-focused on this unique need, establishing a cryptocurrency knowledge base our clients can turn to in order to clarify compliance needs in the constantly shifting cryptocurrency field.

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)

In today's episodes, we are going to explore some of the complexities of a Security vs. Utility token which are fresh on our minds after the recent SEC announcement about Ether and Bitcoin not being considered securities. William Hinman, the SEC's Director of Corporate Finance made the announcement: “Strictly speaking the token, the coin, whatever the digital information packet is being called all by itself, we don’t think is a security. Just as oranges in the Howey case were not securities. Essential to determining whether a security is being offered, however, is how it’s being sold and a reasonable expectation of purchasers. When someone buys a housing unit to live in it’s probably not a security but under certain circumstances, the same asset could be offered and sold in a way that could cause investors to have a reasonable expectation of profits based on the efforts of others. If the housing unit is offered with a management contract or other services where purchases are encouraged to invest rather than reside, it could be a security. Case law tells us that,” Hinman explained during his speech. Securities are the talk of the regulator town and perhaps less so in the Cryptosphere's now that we have a solidified answer. However, many other projects have uncertain futures as to their designation which may bring pause to would be Blockchain empire builders. The Street, a finance-focused media outlet, defines securities as follows: "A simple definition of a security is any proof of ownership or debt that has been assigned a value and may be sold. (Today, evidence of ownership is likely to be a computer file, while once it was a written piece of paper.) For the holder, a security represents an investment as an owner, creditor or rights to ownership on which the person hopes to gain profit. Examples are stocks, bonds and options. The Securities and Exchange Act of 1934 provides this more complicated definition, but you might want to grab a cup of coffee: "The term 'security' means any note, stock, treasury stock, bond, debenture, certificate of interest or participation in any profit-sharing agreement or in any oil, gas, or other mineral royalty or lease, any collateral-trust certificate, preorganization certificate or subscription, transferable share, investment contract, voting-trust certificate, certificate of deposit, for a security, any put, call, straddle, option, or privilege on any security, certificate of deposit, or group or index of securities..." To help us demystify this fascinating (yet complex) situation of Securities vs. Utility tokens we brought in Joe Ciccolo, an expert in building BSA/AML programs as well as over 10 years of banking compliance. Joe founded BitAML, a regulatory compliance advisory group, to help Blockchain startups and innovators to remain above board in a rapidly shifting (and uncertain) regulatory landscape. For show notes and more visit: LAB Radio

Joe Ciccolo is an accomplished expert in building and implementing successful BSA/AML programs for traditional and non-traditional financial institutions offering a variety of banking products and services.  Following 10+ years in legacy bank compliance, Joe founded BitAML, a regulatory compliance advisory group devoted exclusively to helping bitcoin startups and innovators leveraging Blockchain technology. BitAML allows him to share his subject matter expertise with those that share his passion for digital currency and all the potential it holds for the future. Joe is a frequent guest speaker at both Bitcoin and Blockchain conferences. He also meets regularly with traditional bankers and volunteers his time and talents with the non-profit Blockchain Education Network. After listening to this episode you will learn: Joe's background and how he got into the field What compliance, AML and KYC is and why we need it How the market has shifted over the last two years What Joe does with bitAML How he decided to tackle that niche Specific problems he solves for organizations and how A first-time sneak peek on a new SaaS software solution from BitAML How Joe thought of it and what's your roadmap for future development What excites and scares Joe about the direction of compliance and regulation For show notes and more please visit: LAB Radio by CoinStructive

AML, or Anti-Money Laundering, compliance is part of orchestrated efforts to make it more difficult for individuals who earn money through illegal methods to obscure the source of that money. This not to be missed special podcast with two AML professionals, Amber Scott of Outlier and Joe Ciccolo of BitAML, helps shine a light on an area of cryptospace that is both crucial and not well understood by many people. Amber and Joe discuss the history of AML and KYC (Know Your Customer) in cryptospace, with particular regards to Silk Road, an online marketplace where many of the items being sold were illegal in nature, and Bitcoin was used as the main payment rail. They also discuss the difference in the regulatory climate between the United States and Canada, the need for education and a basic understanding of the risks involved in cryptospace, how regulation is changing the ICO landscape, the impact that fear has on the space, and more. For more information on Outlier, visit www.outliercanada.com, or email them at info@outliercanada.com. For more information on BitAML, visit www.bitaml.com, or email Joe directly at joe@bitaml.com.

Digital currency has the potential to be instant and global, but to what extent will the realization of this potential be stymied by regulation? How can this type of innovation maintain both momentum and regulatory compliance? Among other things, Amber Scott, Chief AML Ninja at Outlier Solutions, and Joseph Ciccolo, Head of BitAML, will be addressing these questions at the upcoming Bitcoin, Ethereum, and Blockchain SuperConference slated for February of 2018. Admittedly one of the biggest challenges to the cryptocurrency industry, potential remedies for regulatory restrictions are already surfacing. “We can demonstrate as an industry to the regulators that not only are we are in a position to have a strong compliance program in place to meet their requirements as a regulatory body, but at the same time we have some other tools at our disposal as an industry that are creative, and that in many cases are ahead of traditional bank compliance AML tools,” says Ciccolo. Tune in to hear more. Scott and Ciccolo also discuss: The additional challenges presented by the local nature of regulation The position and attitude of federal US agencies on innovation and regulation, as well as state impact on money transmission regulation Canada's current status on the topic, and the intent of Canadian regulators Additional topics that they plan to discuss at the 2018 SuperConference

Joseph Ciccolo, founder of bitaml.com, helps companies understand AML (anti money laundering) and KYC (know your customer) financial regulations. Regulations, registration and licensing processes can be complicated and fraught with legal issues if not handled properly. Creating successful compliance programs for financial companies in the crypto space shouldn't be overlooked, and depending on the role your company intends to take in the space (exchange from fiat to crypto and vice versa or crypto to crypto only) you must be aware of these regs. Whether you may be classified as a money transmitter, or other regulated entity, your legal exposure and requirements are unique. Listen, subscribe, review, and donate bitcoin (using our key on future tech podcast dot com) to keep the show growing and running.

Cryptopreneurs Radio with Host Linda Ballesteros and Tony Gambone with Special Guest Joseph Ciccolo: Joe Ciccolois an accomplished compliance expert and has spent the last several years building, developing and implementing successful AML compliance programs for both financial and non-financial institutions. He is a Certified Anti-Money Laundering Specialist, Certified Fraud Examiner, and Anti-Money Laundering Certified Associate. His company, BitAML, provides regulatory compliance consulting to bitcoin companies, including bitcoin ATM operators, exchanges, brokers, and peer-to-peer lending platforms. As a bitcoin compliance guru, Joe is a frequent guest speaker at digital currency, blockchain, and risk management industry conferences and events. Prior to launching BitAML, Joe was a founding member and architect of the BSA/AML program of a top 100 U.S.-based financial institution. He also served as a project manager for a top 20 global bank, where he led several regulatory and audit remediation projects. Before entering the field of BSA/AML, Joe held leadership positions within various risk management disciplines, including vendor due diligence, fraud prevention, and corporate investigations.