Block, Inc., the financial services company led by Jack Dorsey, will pay a $40 million penalty to the New York Department of Financial Services (NYDFS) over failures in its anti-money laundering and virtual currency compliance program, regulators announced Thursday. The…...

Block’s compliance failures highlight the critical need for fintechs to strengthen regulatory practices to prevent financial system vulnerabilities. The post Jack Dorsey’s Block fined $40M for compliance failures appeared first on Crypto Briefing....

In the Ancient Greek tale of Oedipus, great rewards awaited travelers able to solve difficult riddles, but a powerful sphinx posed the riddles and devoured those who failed to solve them. Similarly, in ancient crypto times, circa 2017, blockchain technology stood to revolutionize finance and other fields. But two...

Amid growing trade disputes between major economies, cryptocurrency markets are showing mixed reactions, with Tron (TRX) demonstrating particular resilience. Tether’s recent minting of 1 billion USDT on the Tron network signals continued institutional interest despite market volatility. Technical Analysis Highlights TRX recovered from a 7.5% correction, rebounding from 0.221...

Bitcoin (BTC), currently around $81,000, could soar as high as $250,000 as early as this year with tech giants like Microsoft (MSFT) and Apple(AAPL) entering the crypto arena, according to Charles Hoskinson, the founder of the Cardano blockchain. Hoskinson’s comment echoes the sentiments of investors including Fundstrat’s Tom Lee...

Block Inc. has agreed to pay $40 million to settle accusations from the New York Department of Financial Services that the company didn’t properly manage its money-laundering safeguards, according to a statement from the regulator on Thursday. Block, which operates Cash App for peer-to-peer transactions and was formerly known...

Over the past 24 hours, XRP’s (CRYPTO: XRP) price has risen 10.18% to $2.01. This continues its positive trend over the past week where it has experienced a 1.0% gain, moving from $1.97 to its current price. As it stands right now, the coin’s all-time high is $3.40. The...

Perpetual futures contracts, a dominant force in global cryptocurrency trading, may soon become available to U.S. investors as the regulatory landscape evolves under President Donald Trump‘s administration. What Happened: These high-risk instruments, central to offshore crypto activity, have long been inaccessible to US retail investors due to regulatory constraints....

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Ethereum price pulled back and erased some of the gains made earlier on Thursday as concerns about trade remained.  Ethereum (ETH), the second top cryptocurrency, dropped to $1,560, down from the intraday high of $1,700. Other top altcoins like Zcash…...