House Majority Whip Tom Emmer thinks stablecoin legislation should not force issuers like Tether to comply with the Bank Secrecy Act.

U.S. President Donald Trump has pardoned the three co-founders of cryptocurrency exchange BitMEX, a White House official said ...

THE Secrecy of Bank Deposits Act (Republic Act 1405), often referred to as the Bank Secrecy Act, protects the confidentiality of bank deposit information, ensuring that individuals and businesses can ...

Announcing the fine on Thursday, New York's Department of Financial Services faulted "critical gaps" in the Bank Secrecy Act.

Large or repeated deposits can be reported to the IRS, as required by the Bank Secrecy Act. Unusual patterns may also be ...

New legislation introduced in the New Jersey Senate would require virtual currency kiosk operators to follow strict disclosure, safety, and ...

Banks alerted authorities to $1.4 billion in suspicious transactions in 2024, a big assist in the nation's fight against crime and fentanyl trafficking, according to the Financial Crimes Enforcement ...

The digital payments company co-founded by Jack Dorsey has reached a settlement with the New York financial regulator amid ...

Daniel Bley will leave his role after the Connecticut-based bank finds his replacement, the lender said last week.

New York Superintendent of Financial Services, Adrienne A. Harris, announced on Thursday that Block (XYZ) will pay a $40M penalty for ...

Payment stablecoin issuers would be subject to the Bank Secrecy Act (BSA) as financial institutions. The act would also limit the issuance of payment stablecoins to the approved entities.