Regulation
1551 articles
Bank of America, Wells Fargo, Citi and Goldman Join 21-Firm Plan to Launch Stablecoin
A group of 21 banks and financial firms is establishing a new company to issue a dollar-denominated stablecoi…
Morgan Stanley Fires Father-Son Team Managing $631,000,000 Over Family Payment Allegations
Morgan Stanley has terminated a father-son advisory team handling $631 million in assets over claims of impro…
Pennsylvania Man Orchestrates $755,995 Bank Fraud Scheme Powered by Fake Company and Unauthorized T…
A Lancaster County resident received a federal prison term after admitting to wire fraud, bank fraud and iden…
Five Venezuelan Nationals Caught Trying To Hack ATMs and Steal Cash in Kansas: DOJ
Five Venezuelan nationals have pleaded guilty to conspiracy to commit bank larceny for unsuccessful malware-b…
SEC proposes broad update to decades-old transfer agent rules with blockchain nod
The proposal would modernize rules largely unchanged since the 1980s, addressing blockchain-based recordkeepi…
Kalshi issues first lifetime ban for Republican politician over insider bets
The prediction platform permanently banned George Santos and issued a three-year suspension for Laurie Buckho…
FTC Suing Amazon Over Alleged Secret Ad Overcharges Exceeding $20,000,000,000
The FTC and 22 state attorneys general are suing Amazon for allegedly using hidden surcharges since 2019 to o…
Russia opens central bank digital currency to millions as 12 major banks and top retailers face rol…
All 12 systemically significant banks are ready, while the first retailer mandate applies only above a revenu…
X (Twitter) Alert: Major Password Reset Attack Breaks Out
A password reset attack hit X on Tuesday. X found no breach and blames attackers chasing X Money wallets. The…
Strategy turns MSCI’s own SEC words against its $24 billion MSTR threat
Strategy has challenged MSCI's proposed “non-operating company” screen by tying it to a regulator…
Ethena Expands Ecosystem With Launch of Self-Custodial Money App
The project emphasized that the new app is not a bank.
Citi, Goldman, other global banks and asset managers team up on stablecoin venture
The group will focus first on a U.S. dollar stablecoin for payments and digital asset settlement, with a euro…
New Important Ripple (XRP) Partnership Targets Banks and Institutional Clients
The partnership gives institutions a unified system to issue, custody and manage digital assets. The offering…