FinCEN again delays U.S. ban on three Mexican financial institutions
By 
Aaron Nicodemus2025-08-28T20:40:00
The order barring three Mexican financial institutions from doing business with U.S. financial institutions has been delayed until October.
The U.S. Treasury’s Financial Crimes Enforcement Network (FinCEN) had ordered that the three financial institutions—CIBanco, Intercam Banco, and Vector Casa de Bolso—be banned from transacting with U.S. financial institutions starting June 25. FinCEN accused the three institutions of being “of primary money laundering concern” for allowing illicit proceeds generated by fentanyl trafficking to move on their platforms for the benefit of Mexican cartels.
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