Coinbase has been pushing hard for the modernization of the U.S. Bank Secrecy Act (BSA) via the integration of Zero-Knowledge ...

The GENIUS Act (S.1582) marks the first federal law to regulate stablecoins, signaling a broader shift toward structured ...

The Industrial Bank of Korea and its New York branch will pay a total of $86 million to resolve charges for systemic sanctions compliance failures that allowed more than $1 billion to be illegally ...

On July 21, the United States Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) announced its intent to postpone ...

The Bank Secrecy Act of 1970 requires banks to file a report with the federal government if a customer deposits or withdraws more than $10,000 in cash in a 24-hour period. This is meant to help ...

Thus, the Bank Secrecy Act (BSA) was born. Under the BSA, banks are required to report any cash transaction of $10,000 or more to the Financial Crimes Enforcement Network (FinCEN).

The GENIUS Act aims to regulate U.S.-dollar stablecoins, which could change the landscape of digital payments.

The Treasury's financial crime agency delayed enforcement of a variety of Bank Secrecy Act requirements for investment advisers in order to gain time to revise and tailor regulations.

The Bank Secrecy Act allows for the bulk collection of American's financial data. It's time to narrow its scope. The US is on the brink of enacting rules for digital assets, with growing ...

Trump granted pardons to co-founders Benjamin Delo, Arthur Hayes and Samuel Reed, who had pleaded guilty in 2022 for failing to implement a Bank Secrecy Act-compliant anti-money laundering program.