A new DOJ policy directs prosecutors to focus on crypto fraud and use of digital assets to facilitate other crimes. On April 7, 2025, Deputy ...

Anchorage Digital Bank, the only federally chartered crypto bank in the United States, is under investigation by the Department of Homeland Security's El Dorado Task Force. The inquiry focuses on the ...

Inquiry comes as Anchorage Digital highlights its status as a regulated bank and fosters ties with Trump administration ...

WSFS Bank, the primary subsidiary of WSFS Financial Corporation (Nasdaq: WSFS), has named Kate McGlinchey as Senior Vice ...

The digital payments company co-founded by Jack Dorsey has reached a settlement with the New York financial regulator amid ...

In light of the approaching April 15 tax filing deadline, this week’s update highlights recent developments in U.S. federal tax policy that may ...

Banks alerted authorities to $1.4 billion in suspicious transactions in 2024, a big assist in the nation's fight against crime and fentanyl trafficking, according to the Financial Crimes Enforcement ...

Cash App last year delivered $5.24 billion in gross profit for Block, representing by far its most profitable product. By the ...

New York Superintendent of Financial Services, Adrienne A. Harris, announced on Thursday that Block (XYZ) will pay a $40M penalty for ...

Announcing the fine on Thursday, New York's Department of Financial Services faulted "critical gaps" in the Bank Secrecy Act.

Regulators said the payment company did not provide sufficient customer identification and monitoring, increasing risk for ...

Block is paying $40 million to settle charges by New York's financial regulator alleging failures with the company's money ...