Block fined for US$40M over Cash App’s AML violations, agrees to settle. The civil penalty will paid to the New York Department of Financial Services (NYDFS). T ...

XRP jumps 30% as Ripple nears SEC deal and buys Hidden Road for $1.25 billion, boosting price with legal clarity and ...

Block Inc. paid $40 million to settle Cash App crypto compliance failures as it pushes to become a full-service bank.

Block Inc., maker of the popular Cash App, has been hit with an $40 million fine by New York for its alleged failure to ...

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

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

Announcing the fine on Thursday, New York's Department of Financial Services faulted "critical gaps" in the Bank Secrecy Act.

Block agreed to pay $40 million to the NYDFS for alleged anti-money-laundering inadequacies and cryptocurrency compliance ...

Block will pay a $40 million civil fine and hire an independent monitor to settle charges by New York's financial services ...

Cash App owner Block to pay $40 million civil fine to New York's financial services regulator for lack of anti-money laundering controls and crypto policing failures.

Block Inc., the digital payments firm founded by billionaire Jack Dorsey, was fined $40 million by New York for alleged ...

Digital payments company Block Inc. has reached a $40 million settlement with New York regulators over alleged compliance ...