In the fourth admission to violations of U.S. law among top figures at BitMEX, the crypto exchange’s former head of development pleaded guilty to failing to put compliance programs in place. Get the Full Story Complete the form to unlock this article and enjoy unlimited...
Former federal prosecutor Grant Fondo has said legislation that aims to provide clarity on which U.S. agency should be in charge of crypto regulation isn’t getting the job done yet. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Several Democratic senators fired off a letter to U.S. Bank CEO Andrew Cecere demanding additional information after the Consumer Financial Protection Bureau (CFPB) fined the financial institution (FI) $37.5 million in a customer accounts scandal. Get the Full Story Complete the form to unlock this...
U.K. financial regulators haven’t tackled risks adequately, ex-Bank of England governor Paul Tucker says, and now they should construct a “comprehensive” new policy. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no...
Regulators in the U.S. are looking into whether big regional banks should be required to add to the debt buffer that helps them in times of crisis, which could slow down some pending mergers. Get the Full Story Complete the form to unlock this article...
Consumer credit bureau Experian is facing a class-action lawsuit over allegations that it didn’t do enough to prevent identity thieves from sabotaging peoples’ accounts. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Cryptocurrency firm Voyager Digital has received approval from the U.S. Bankruptcy Court in New York to return $270 million in cash to its customers, The Wall Street Journal (WSJ) reported. Get the Full Story Complete the form to unlock this article and enjoy unlimited free...
Goldman Sachs said Thursday (Aug. 4) it is cooperating with an investigation by the Consumer Financial Protection Bureau (CFPB) into its credit card business. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content —...
Coinbase Global wants the U.S. Supreme Court to end two users’ lawsuits against the cryptocurrency exchange until the company is done with its appeals that it hopes will send those cases to arbitration. Get the Full Story Complete the form to unlock this article and...
