BSA

Block Fined $40 Million for Cash App’s Anti-Money Laundering Failures
Block Fined $40 Million for Cash App’s Anti-Money Laundering Failures
April 10, 2025  |  AML

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...

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Bitcoin Daily: FinCEN Penalizes P2P Currency Exchanger; Binance Announces Its Own Blockchain
Bitcoin Daily: FinCEN Penalizes P2P Currency Exchanger; Binance Announces Its Own Blockchain
April 19, 2019  |  Bitcoin

A new report has found that ransomware payments increased nearly 90 percent in the first quarter of the year over the previous quarter. According to...

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