An official investigation by the US government has been launched against Tether concerning its stablecoin, USDT. This move raises critical questions about potential infractions involving sanctions…
The ICAEW has published its latest report urging firms to improve their anti-money laundering (AML) practices.After conducting 1,088 monitoring visits, ICAEW found 80.7% compliance among the…
Starling Bank has been embroiled in controversy following a significant £29 million fine levied by the Financial Conduct Authority (FCA). The fine is the result of…
The U.S. Securities and Exchange Commission (SEC) is intensifying its investigation into Elon Musk’s acquisition of Twitter.In a recent development, the regulatory body announced its plan…
The Chinese yuan is making significant strides in the global financial systems. This shift is part of a broader de-dollarization effort, where China is attempting to…
Credit Suisse’s chief executive has defended its stance on sanctions following criticism of big banks by US senators, according to Reuters. Chief executive Tidjane Thiam spoke…
