Source: en.wikipedia.org
The Consumer Financial Protection Bureau (CFPB) said Friday (April 11) that it will not prioritize enforcement of a regulation requiring a registry of nonbank financial companies...
Economic uncertainty is casting a long shadow over the year ahead. Bank leaders are framing 2025 as a year of “wait and see” marked by...
The Commodity Futures Trading Commission (CFTC) released an interpretive letter providing views on certain foreign exchange (FX) transactions. The letter (CFTC Letter No. 25-10) delivers the...
New York Attorney General Letitia James wants Congress to do more to protect cryptocurrency investors. James wrote a letter to congressional leadership Tuesday (April 8),...
Block will pay a $40 million penalty over anti-money laundering deficiencies in its Cash App. The New York Department of Financial Services (NYDFS) announced the penalty Thursday (April 10), saying it...
Banks have always evolved to provide more effective systems to serve their customers. But while historically that evolution was relatively linear, as the financial world...
The U.S. Department of the Treasury is reportedly planning to take a greater part in regulating banks in the United States. The goal is to...
Crypto’s biggest success story, after a litany of industry failures, has been stablecoins. The asset-pegged digital tokens, designed to maintain their stability and facilitate non-volatile...
File this under things you couldn’t say two years ago: Blockchain technology is maturing, and its potential for compliant, mainstream use is growing. “Banks are...