The U.S. anti-money laundering framework is outdated and is causing unintended consequences, such as the debanking of lawful ...

Even with new regulations, stablecoins remain vulnerable to losing their peg, or worse, triggering a “bank run” in the crypto ...

The proposed Art Market Integrity Act would subject art brokers to the same BSA reporting requirements as antiquities dealers ...

Chuck Grassley (R-IA), Sheldon Whitehouse (D-RI), Bill Cassidy (R-LA), Andy Kim (D-NJ), and David McCormick (R-PA), introduced the federal Art Market Integrity Act (the “Act”). The Act is bipartisan ...

RIAs will now be treated as "financial institutions" under the law, with obligations to screen clients, monitor transactions ...

Block to pay $80M for violating Bank Secrecy Act, anti-money laundering laws TipRanks Jan. 15, 2025, 03:35 PM ...

Enforcing measures that prevent financial crimes under the Bank Secrecy Act has historically drawn bipartisan support because criminal groups such as terrorist networks and drug traffickers ...

A fresh push to amend the Bank Secrecy Law is gaining ground in Congress. But what’s behind this renewed effort — and what exactly do lawmakers want to revise?