#financial regulation
12 stories
Bank of America fined $1.2bn for money laundering failures
The US Treasury Department penalises Bank of America for failing to detect and report over $5bn in suspicious activity, including potential Chinese money laundering networks.
BBC News · 1m
Crypto regulator shrinks as markets expand
CFTC staff cuts and enforcement drops as crypto and prediction markets grow.
NPR · 2m
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PIC CEO's rosy story masks governance chaos
Patrick Dlamini paints a picture of recovery and accountability, but the numbers and court records tell a different story.
Daily Maverick · 2m
SEC Demands Stricter Valuation Rules for Private Credit
SEC pushes for tighter private credit valuation standards to protect investors.
Pymnts · 1m
CFTC Hosts AI Roundtables for Financial Markets
CFTC launches roundtables to discuss agentic AI's impact on U.S. financial markets
Pymnts · 1m
Polymarket's growth strategy clashes with fraud controls
The prediction market platform allegedly prioritized expansion over compliance as fraud attempts spiked.
Pymnts · 1m
Trump's crypto fortune killed his own deregulation bill
The president's $1.4 billion crypto windfall spooked Democrats and sank the Clarity Act, leaving the industry scrambling for regulatory wins instead.
The Conversation · 2m
Italy blocks Intesa's €35bn Monte dei Paschi takeover bid
Regulators launch formal antitrust probe into the deal, citing competition risks in banking and insurance markets across Italy.
Yahoo Finance · 1m
Fed's payment access deadline passes without public answer
The Federal Reserve missed a White House deadline to report on expanding direct access to its payment systems for nonbanks and uninsured depositories.
Pymnts · 2m
Onchain finance is coming to Wall Street
A new breed of blockchain products is forcing traditional finance to compete on crypto's terms.
Fortune · 1m
House passes four bills to modernize finance and cut waste
Congress votes on bank tech upgrades, penny elimination, fraud prevention, and whistleblower protections.
Pymnts · 1m
Crypto's Washington loss opens a bigger fight
The Clarity Act's failed Senate vote exposed the real battle: whether stablecoins become deposit accounts or stay as payment tools.
Pymnts · 2m