The agency said its investigation additionally found its lax practices allowed for largely anonymous and high-risk bitcoin ...

New York state’s top financial regulator struck a $40 million settlement with Block Inc., the parent of Cash App, over ...

"This sends a message to Robinhood, Coinbase, Kraken, Gemini and all of the others that you better have your know-your-customer and anti-money laundering compliance on point," said John Deaton, the ...

Regulators said the payment company did not provide sufficient customer identification and monitoring, increasing risk for ...

The digital payments company co-founded by Jack Dorsey has reached a settlement with the New York financial regulator amid ...

Payments technology company Block agreed to pay a $40 million civil monetary fine Thursday as part of an agreement to resolve claims brought by the New York State Department of Financial Services ...

Block Inc., the digital payments ... an agreement with the final remaining state money transmission regulator, New York Department of Financial Services, to resolve the matter principally related ...

The payments and blockchain firm has agreed to an outside monitor as it resolves its compliance with New York regulations.

New York State's Department of Financial Services (NYDFS) amended its cybersecurity regulation, Part 500. This legal alert ...

Block Inc. has agreed to a $40 million settlement with the NYDFS following allegations of compliance failures tied to its ...

Block Fined $40 Million By New York Regulator Over Cash App Compliance Failures The New York State Department of Financial Services (DFS) has fined Block, Inc. (NYSE:XYZ) $40 million for ...

Announcing the fine on Thursday, New York's Department of Financial Services ... Square. Block agreed in January to pay an $80 million civil fine to settle similar charges by 48 U.S. state ...