Clarified anti-money laundering reporting requirements for entities not regulated by the Bank Secrecy Act.

RAMALLAH, West Bank (Reuters) -U.S. Ambassador to Israel Mike Huckabee called on Saturday for the perpetrators of an attack on a Palestinian church in the occupied West Bank blamed on Israeli ...

RAMALLAH, West Bank (Reuters) -U.S. Ambassador to Israel Mike Huckabee called on Saturday for the perpetrators of an attack on a Palestinian church in the occupied West Bank blamed on Israeli settlers ...

At the same time, the law includes a requirement for stablecoin issuers to adhere to the Bank Secrecy Act, thus countering any attempts to abuse the digital currency with anti-money laundering and ...

Issuers remain subject to Bank Secrecy Act compliance obligations, including anti-money laundering controls, know-your-customer requirements, and suspicious-activity monitoring.

The votes come after a multiday Republican revolt during "crypto week" over language barring the creation of a central bank digital currency.

“The GENIUS Act creates the necessary legal framework for the payments industry to incorporate stablecoins into existing systems,” Scott Talbott, executive vice president at the Electronic ...

Under the GENIUS Act, all payment stablecoin issuers, whether federally or state-regulated, must comply with applicable Bank Secrecy Act requirements, including implementing AML and countering the ...

MANILA, Philippines — Several proposed changes to the country’s decades-old Bank Secrecy Law will ensure transparency as it will be modernized while allowing the Bangko Sentral ng Pilipinas ...

Leyte First District Representative Martin Romualdez and Tingog Party-list Representatives Andrew Julian Romualdez and Jude Acidre have filed a bill seeking to amend the Bank Secrecy Law.