Last month, the Justice Department settled an anti-money laundering probe into TD Bank. But according to U.S. Sen. Elizabeth Warren, D-Mass., the $3 billion the...
If business and commerce are always on in the digital age — existing as 24/7, year-round endeavors — so must the settlement systems that enable...
Sen. Edward J. Markey and Rep. Pramila Jayapal have led several colleagues in demanding answers from CEOs of leading artificial intelligence (AI) companies regarding the working conditions of their...
A quartet of Senate Democrats want Venmo and Cash App to offer better fraud protection. The four senators — Sherrod Brown of Ohio, Elizabeth Warren...
Two lawmakers are asking Silicon Valley Bank depositors if their executives received personal perks from the bank. In a letter dated Sunday (April 9) and...
U.S. prosecutors are reportedly examining Silvergate Capital’s hosting of accounts for FTX and Alameda Research. Bloomberg reported Thursday (Feb. 2) that the probe centers on...
With crypto markets in turmoil, regulating the volatile industry has become a priority for lawmakers. This pivot comes as the collapse of cryptocurrency exchange FTX...
Two senators are asking regulators about links between banks and cryptocurrency firms. In letters sent Wednesday (Dec. 7) to the heads of the Federal Reserve...
The developments around the collapse of FTX justify concerns that the crypto industry “is built to favor scammers,” U.S. Sens. Elizabeth Warren, D-Mass., and Dick...