The federal prosecutors' inquiry underscores a significant regulatory challenge for Block, amidst its financial successes
Federal prosecutors have initiated an investigation into Block, the fintech enterprise co-founded by Jack Dorsey, focusing on compliance failures within its Square and Cash App units. Allegations include inadequate customer information collection and facilitating transactions for sanctioned countries and terrorist groups.
The event aligns with Saudi Arabia's Vision 2030, aiming to foster innovation and collaboration within the sector
Over 500 participants from around the world are expected to attend this transformative conference
The global banking institution received customer scam alerts and ignored them, leading to monetary losses
The Global Stock Market Crash and Its Much Worse Than We Could've Imagined
Crypto Execs Meet with Biden Administration Over Regulatory Crackdown
Fed’s Mistakes Could Spark Recession | What’s Next for Bitcoin & Economy?
Superrich Are Getting Richer as Their Wealth Climbs to $9.5T
Wealth managed by private family offices is expected to surge from $5.5 trillion to $9.5 trillion by 2030
Tighter Digital Asset Controls, More Investors Trust
By Vukan Ljubojevic | TH3FUS3 Senior Writer
Even Hester Peirce Criticizes the SEC's SAB 121
The regulation has also sparked debate within the crypto industry
Tokyo Electric Company Mulls Diving into Bitcoin Mining
The primary idea is to utilize excessive renewable energy which often goes to waste