SOURCE: Chamber of Digital Commerce

Chamber of Digital Commerce

April 07, 2015 13:02 ET

Digital Chamber Offers Grants to Bankers to Attend AML Compliance Bootcamp for Digital Currency

NEW YORK, NY--(Marketwired - Apr 7, 2015) - The Chamber of Digital Commerce (http://www.digitalchamber.org/) is now accepting applications from bankers who would like to attend the Anti-Money Laundering Compliance Bootcamp for Digital Currency in New York City on April 30 to May 2. The bootcamp has been approved for continuing education credits by ACAMS and the Conference of State Bank Supervisors (CSBS), and for CLE in California and New York. Grants will be awarded to bank or credit union employees who demonstrate a strong desire to better understand digital currencies and gain greater awareness of the AML and OFAC compliance efforts within the digital currency community. 

Through the generous donations of its members and sponsors, the chamber is offering two grants valued at up to $3,595 each to cover tuition. The chamber believes banks will be more willing to provide digital currency companies with banking services if they better understand their AML compliance efforts, the steps that can and are being taken to reduce risks, the issues digital currency companies face, and how similar these issues are to those facing banks. The course is ideal for banks that are considering offering digital currency related services.

Interested participants should email their applications to the chamber's VP of operations, Dana Marston, at dmarston@digitalchamber.org by April 22. Applications can be downloaded here: http://goo.gl/7qdqOR.

For more information about the bootcamp, visit http://digitalchamber.org/bootcamp.html

About the Chamber of Digital Commerce: The chamber is a Washington, D.C.-based trade association dedicated to promoting the understanding, acceptance and use of digital currencies and digital assets. The chamber provides education, training and other information on digital assets and currencies to policy makers, businesses, consumers and the community. For more information, visit http://www.digitalchamber.org.

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