Block, Inc. faces a joint crackdown by the DCCA and 47 states for BSA/AML violations, incurring an $80 million penalty and ...

Oregon and 47 states settled with Block Inc. for BSA/AML violations, imposing an $80 million penalty and requiring an ...

In the enforcement actions announced Friday, the regulator said the two firms agreed to settle the charges without admitting ...

Money laundering is often viewed as a problem restricted to large financial institutions or multinational corporations.

The units charged by the SEC consented to the entry of orders without admitting or denying the SEC's findings. Wells Fargo Clearing Services agreed to pay a civil penalty of $28 million, Wells Fargo ...

As bitcoin, ethereum and other cryptocurrencies get increasing attention from investors, Wall Street and its traditional banks continue to ...

Can the crypto industry survive more regulatory scrutiny? Judge John G. Koeltl has fined BitMEX $100M for violating the Bank ...

The Prudential Regulation Authority is pushing back the implementation of the international banking reforms by a year to ...

The statement on Basel 3.1 financial regulation was published by the BoE's Prudential Regulation Authority (PRA). "This ...

Wisconsin’s financial regulatory agency announced Thursday that it has joined a lawsuit against Block Inc., the owner of Cash ...

The parent company of the popular product Cash App agreed to pay $80 million, including a $1.6 million payment to New Mexico, for violating the Bank Secrecy Act and anti-money laundering laws, ...

The North Dakota Department of Financial Institutions has joined 48 other state financial regulatory agencies in taking ...