CFPB nominee says he will focus on inaccurate credit reports and borrowers behind on housing payments; the bank is reopening its trading desk as cryptocurrencies gain wider acceptance.
The Treasury Department’s Financial Crimes Enforcement Network issued an advisory Wednesday warning about a growing variety of scams involving Economic Impact Payments aimed at recipients of the COVID-19 relief.
With the stated goal of “counter[ing] money laundering, the financing of terrorism, and other illicit activity,” the Corporate Transparency Act (the “Act”), adopted on January 1, 2021,.
Hedge funds risk Biden-era end to money-laundering loophole financial-planning.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financial-planning.com Daily Mail and Mail on Sunday newspapers.
Whatâs Next for Crypto Regulation
The rules are in flux as a new U.S. administration takes over.
Gary Gensler will soon draw up crypto rules at the S.E.C.Credit.Kayana Szymczak for The New York Times
Jan. 30, 2021
The DealBook newsletter delves into a single topic or theme every weekend, and today it takes you on a quick tour of the regulatory scene for cryptocurrency, a fast-changing field that may represent the future of the financial industry. (If you donât already receive the daily newsletter,
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Stock market mania has made the headlines in recent days, but recall that a run-up in crypto prices to new highs a few weeks ago raised all of the questions about investor protections and regulations now vexing policymakers coming to grips with GameStop.