NYAG Letitia James Pushes Congress Hard With Urgent Crypto Demands

New York’s top legal authority has sounded the alarm on crypto, demanding Congress impose sweeping regulations to safeguard national security and economic stability. NYAG Letitia James Sounds Alarm With Blistering Crypto Warning to Congress New York Attorney General Letitia James issued a letter to Congressional leaders on April 8, urging lawmakers to enact comprehensive digital … Read more

Block Fined $40M Over Cash App’s Crypto Compliance Failures and 169K Ignored Alerts

New York hits Block with a $40 million fine and mandates independent oversight after major compliance failures in Cash App’s bitcoin and fiat transaction monitoring. NY Regulator Unleashes Oversight Blitz on Block After Missed Red Flags and AML Gaps New York State’s Department of Financial Services (DFS) announced on April 10 that Block Inc. will … Read more

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