Some of the world’s largest banks have reportedly handled billions of dollars for a Kremlin-backed FinTech that used forgery to enter the international financial system....
Regulations can create winners and losers, as well as kick off unpredictable second-order effects. Most industries already know this. The digital asset sector, however, could...
A global financial crime watchdog wants Italy to get tougher on money laundering. The Financial Action Task Force (FATF) released an assessment Thursday (April 23) of the Italian...
The Office of the Comptroller of the Currency (OCC) plans to continue its regulatory reforms in 2026. The regulator’s agenda includes reforms to liquidity risk...
The Office of the Comptroller of the Currency (OCC) issued two bulletins that it said will improve the effectiveness and efficiency of Bank Secrecy Act/Anti-Money...
In September, the Treasury Department extended the public comment period on the implementation of the GENIUS Act, signaling both the complexity and sensitivity of shaping...
Binance and the U.S. Justice Department are reportedly in talks that could end an oversight requirement that was part of the cryptocurrency exchange’s 2023 settlement...
The Office of the Comptroller of the Currency (OCC) has terminated a 3-year-old enforcement action against Anchorage Digital Bank, the first federally chartered cryptocurrency-focused bank....