San Francisco Bans Cashless Stores As Backlash Over Digitization Widens
When trendy U.S. salad chain Sweetgreen moved to stop accepting cash payments in December 2016, …
Casinos, Card Rooms In Sights Of U.S. AML Regulators
A former official with the U.S. Department of Treasury’s Financial Crimes Enforcement Network (FinCEN) is …
US: FinCEN Issues Artichoke Joe’s Casino with Civil Money Penalty for Violating AML Laws
Latest update: May 3, 2018. FinCEN has released a new assessment on the matter of Artichoke Joe’s …
US: California Passes New Consumer Privacy Act of 2018
On June 28, 2018, the California Consumer Privacy Act of 2018 was enrolled and published, …
US: FinCEN Penalizes California Bank for AML Violations
The Financial Crimes Enforcement Network (FinCEN) has fined the Merchants Bank of California of Carson …
UK Fintech on the Cutting Edge: An Evaluation of the International Fintech Sector
Ernst & Young Global Limited (EY) has published this report, commissioned by HM Treasury, which …
Bitcoin Bill Returned to California Senate for Second Reading
Assembly Bill 1326 on digital currencies, which mainly requires “virtual currency businesses” to apply for …
‘Universal’ Bitcoin Bill Targets Florida, California And Hawaii
U.S. legal experts believe the Uniform Law Commission’s proposed framework for virtual currency businesses will …
Citigroup To Pay $97m To Settle Remittance AML Investigation
A California-based subsidiary of Citigroup has agreed to forfeit $97m to settle a long-running investigation …