Fintech firm Block has agreed to pay a $40m fine after New York’s Department of Financial Services (DFS) found “significant” ...

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

Block Inc., maker of the popular Cash App, has been hit with an $40 million fine by New York for its alleged failure to ...

In a significant shift in enforcement strategy, the U.S. Department of Justice (DOJ) disbanded its National Cryptocurrency Enforcement Team ...

As bitcoin, ethereum and other cryptocurrencies get increasing attention from investors, Wall Street and its traditional banks continue to ...

Block fined for US$40M over Cash App’s AML violations, agrees to settle. The civil penalty will paid to the New York Department of Financial Services (NYDFS). T ...

Deputy Attorney General Todd Blanche issued a memo (the “Blanche Memo”) announcing the Trump administration’s Department of ...

Block will pay a $40 million civil fine and hire an independent monitor to settle charges by New York's financial services regulator ...

DOJ's disbanding of its crypto crime unit faces backlash from Senate Democrats who warn it creates vulnerabilities while ...

A group of Senate Democrats called the DOJ’s decision to disband its crypto unit a “grave mistake,” claiming that it will ...

In today’s digital landscape, businesses face increasing risks related to identity fraud, compliance violations, and ...