The U.S. government’s evolving approach to crypto regulation could mark a pivotal moment for payments innovation. “There’s certainly a change in how the administration views the digital assets industry,” Dan Boyle, partner at Boies Schiller Flexner, told PYMNTS CEO Karen Webster. “This is not a confrontational...
European cryptocurrency regulators are reportedly examining the OKX exchange following a record heist. Last month, the trading platform Bybit was the victim of a $1.5 billion theft, believed to be the largest in industry history. The issue was discussed last week by regulators at a...
The Treasury Department said Sunday (March 2) that it will not enforce the Corporate Transparency Act’s penalties and fines associated with the beneficial ownership information reporting rule. It will not do so under the existing regulatory deadlines and will not enforce penalties or fines against...
Paytm has received a show-cause notice from India’s financial crime-fighting agency. The notice pertains to an alleged violation of India’s Foreign Exchange Management Act, the FinTech said in a statement Saturday (March 1). The alleged violations have to do with Paytm’s acquisition of two subsidiaries...
April 23, 2025
The U.S. government’s evolving approach to crypto regulation could mark a pivotal moment for payments innovation. “There’s certainly a change in how the administration views the digital assets industry,” Dan Boyle, partner at Boies Schiller Flexner, told PYMNTS CEO Karen Webster. “This is not a confrontational posture.” Until recently, the U.S. Department of Justice (DOJ) operated […]
July 24, 2024
In a world inundated with data, traditional methods of financial crime detection are becoming inadequate. Financial crime remains a challenge for financial institutions (FIs) worldwide, evolving in complexity and scale...
March 29, 2024
The proliferation of voice-activated technology, from virtual shopping assistants to speech recognition in smartphones and smart homes, is reshaping how consumers interact with devices. Advancements in this field are continually expanding the possibilities...
March 28, 2024
When the facts are crystal clear, often the only recourse is to appeal to emotion. That’s the tack that convicted crypto criminal and former FTX CEO Sam Bankman-Fried’s legal defense hewed to on...
April 24, 2025
Ransomware remains the top threat to American infrastructure, with complaints in 2024 rising 9% above 2023’s total, the FBI said Wednesday (April 23). A report from the FBI’s Internet Crime Complaint Center (IC3) stated that despite international law enforcement efforts to disrupt ransomware operators and cybercrime forums, criminals are targeting critical sectors, including manufacturing, financial […]
March 11, 2025
European cryptocurrency regulators are reportedly examining the OKX exchange following a record heist. Last month, the trading platform Bybit was the victim of a $1.5 billion theft, believed to be...
March 03, 2025
The Treasury Department said Sunday (March 2) that it will not enforce the Corporate Transparency Act’s penalties and fines associated with the beneficial ownership information reporting rule. It will not...
March 02, 2025
Paytm has received a show-cause notice from India’s financial crime-fighting agency. The notice pertains to an alleged violation of India’s Foreign Exchange Management Act, the FinTech said in a statement...
