# FinCEN issues virtual-currency kiosk scam and illicit-finance notice

> FinCEN urged financial institutions to identify and report suspicious CVC-kiosk activity and supplied typologies and red flags for scams, cybercrime, and drug-trafficking activity.

- URL: https://riadefi.com/regulation/2025-08-04-fincen-convertible-virtual-currency-kiosk-notice/
- Posture: Guidance
- Authorities: Financial Crimes Enforcement Network
- Event date: 2025-08-04
- Version: 1, published 2026-08-07 (first published 2026-08-07)
- Advisor-relevant: yes

## What changed

FinCEN urged financial institutions to identify and report suspicious CVC-kiosk activity and supplied typologies and red flags for scams, cybercrime, and drug-trafficking activity.

## Who it affects

- Money services businesses, banks, broker-dealers, digital-asset firms, investment advisers, and clients

## What is still open

- Institution-specific exposure and how filing patterns will evolve

## What it means for an advisor

- Add kiosk-related red flags to fraud escalation, transaction monitoring, vulnerable-client protection, and SAR decision procedures.

## Sources

1. [FinCEN issues virtual-currency kiosk scam and illicit-finance notice](https://www.fincen.gov/news/news-releases/fincen-issues-notice-use-convertible-virtual-currency-kiosks-scam-payments-and) · Financial Crimes Enforcement Network · 2025-08-04


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Published by Ketju Research on RIADeFi (https://riadefi.com). Educational research for financial professionals; not investment, legal, tax, or compliance advice.