Bank Secrecy Act

Crypto exchange Binance, its U.S. counterpart Binance.US, and founder Changpeng Zhao have contested the U.S. Securities and Exchange Commission's (SEC) allegations, arguing that the financial watchdog failed to establish the criteria of the "Howey Test" in its lawsuit...

The bipartisan Digital Asset Anti-Money Laundering Act, spearheaded by Senators Elizabeth Warren (D-MA) and Roger Marshall (R-KS), has garnered momentum as nine new senators join the coalition in support. The legislation aims to address the rising concerns over cryptocurrencies being used for...

The Financial Crimes Enforcement Network (FinCEN) is warning investors not to fall prey to a burgeoning virtual currency investment scam. "Pig butchering" has duped billions of dollars out of victims. Amidst the increasing instances of crypto-related frauds, the upcoming Benzinga...

The Western Union Company (NYSE: WU) shares halted and subsequently plummeted Thursday upon news of a $586 million settlement with the Department of Justice and Federal Trade Commission. Susquehanna analysts said the settlement had long been expected, and Western Union had accrued more than $15...