Block to Pay $80 Million to Settle AML Violation Allegations
Block has agreed to pay an $80 million fine and undertake corrective actions to resolve a coordinated enforcement action by 48 state financial regulators that alleged the company violated Bank Secrecy...
Oklahoma and Texas Move Forward with Bitcoin Reserve Proposals
Lawmakers in Oklahoma and Texas are pushing forward proposals to establish a strategic Bitcoin reserve, reflecting the growing adoption of the digital asset in public finance.
In Texas, State Senat...
Citi Contends With Mobile App Outage, Directs Users to Website
Citibank is reportedly dealing with technical issues around fraud alerts, long wait times for customer calls to its fraud department, and access to its mobile app.
Customers of the bank have been talk...