Daily Dash: Tether Custodian Nominated For Trump Cabinet Position
President-elect Donald Trump has confirmed the nomination of Tether’s US custodian for a position in his …
Supreme Court Upholds Bank Of Lithuania’s Revocation Of Finolita Unio UAB Licence
The Supreme Administrative Court of Lithuania has delivered a final and binding ruling affirming the …
US Lawmakers Urge FinCEN To Suspend Beneficial Ownership Reporting Rules
More than 40 lawmakers have written to the US Treasury to ask for a delay on …
EBA Unveils Final Guidelines To Strengthen EU Sanctions Compliance
The European Banking Authority has issued landmark guidelines setting EU-wide standards for financial institutions, payment …
Daily Dash: FSB Says Rapid AI Adoption In Finance Could Spark Financial Stability Risks
The Financial Stability Board (FSB) has released a report assessing the implications of AI in …
Week In Crypto: FTX Sues Binance In Effort To Recover $1.8bn
FTX’s new management attempts to settle an old score with Binance, FTX’s co-founder may be …
FinCEN Issues Urgent Warning On GenAI Fraud
The US Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has issued an alert …
FCA Fines Metro Bank £16m Over Financial Crime Failings
The UK’s Financial Conduct Authority (FCA) has imposed a £16,675,200 fine on Metro Bank PLC …
New Rules To Reduce Enforcements A 'Win-Win' For Lithuania's Payment Firms
The Bank of Lithuania has recently enacted amendments to regulatory acts allowing for “peaceful” or …