Following President Donald Trump's executive order to protect banking services for crypto firms, lawmakers ask if banks or regulators are to blame.

Donald Trump assumes office with plans to make the United States the world's bitcoin mining capital. Many are celebrating the idea of bitcoin as a Strategic Reserve Asset. Supporters like Michael ...

“The first bill I will file, and I have done this in past Congresses, will be on the waiver for the rights to the Bank Secrecy Act of all government officials, from the lowest clerk or ...

In response, former senator Panfilo Lacson said he has always submitted proposed exemptions of government officials from Republic Act No. 1405 or the Bank Secrecy Act. “Ang una kong panukalang batas — ...

The Oregon Division of Financial Regulation (DFR) and 47 state financial regulatory agencies have taken coordinated action against Block Inc., for violations of the Bank Secrecy Act (BSA ...

US District Judge John Koeltl on Wednesday imposed the fine after BitMEX pleaded guilty in July to breaking the Bank Secrecy Act, which requires safeguards that include verifying customer ...

Finance Minister Serhii Marchenko stands for disclosing bank secrecy for the Tax Service. He announced this on the air of the UT-2 podcast, the Ukrainian News agency reports. "As the Minister of ...

On Jan. 15, 2025, BitMEX, a prominent cryptocurrency exchange, was ordered to pay an additional $100 million fine for violating the U.S. Bank Secrecy Act (BSA) between 2015 and 2020. The penalty ...

The problem stems from a series of laws now known as the "Bank Secrecy Act regime." Beginning in 1970, the Bank Secrecy Act made two major changes to the financial system. First, the law ...

Oregon will get a $1.6 million share of an $80 million fine that Cash App parent company Block will pay for violations of bank secrecy and anti-money laundering laws. In addition to the $80 ...

The Bank Secrecy Law does not apply in impeachment cases, and we trust that the Senate, when it convenes, will see the necessity of making these records available,” Zamora said. – Rappler.com ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. If a picture is worth 1,000 words, this chartbook should save you from reading 25,000 of them. That counts ...