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  • Jack Dorsey’s Block Faces $40M Penalty Over BTC Compliance Breach April 11, 2025
    Block Inc. faces a $40M fine after NYDFS flags major AML failures linked to Cash App, impacting 8,000+ illicit accounts. Despite compliance issues, Block’s 2024 earnings surged, as Bitcoin and digital payments remain resilient under growing regulatory scrutiny. Block Inc., the digital payments firm co-founded by Jack Dorsey, has agreed to a $40 million settlement […]
    Jeff Taylor
  • NY attorney general urges Congress to keep pensions crypto-free — ‘No intrinsic value’ April 11, 2025
    New York Attorney General Letitia James has sent a letter to US congressional leaders urging “common sense” federal crypto regulations and to keep digital assets out of US pensions.“I am urging Congress to pass legislation that would strengthen federal regulations on the cryptocurrency industry to protect investors, strengthen financial markets, and stop fraud,” James said […]
    Cointelegraph by Martin Young
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