The U.S. Treasury Department faces a second lawsuit over its August decision to sanction Tornado Cash, a crypto-mixing service that obscures sources of coin transactions.
The lawsuit
In August, the Treasury's Office of Foreign Assets Control
The following month, Coinbase Global Inc. helped
A spokesperson for the Treasury Department didn't immediately respond to a request for comment. The suit was filed in the U.S. District Court for the Northern District of Florida.
The card network will provide payments support for the social network's financial app, potentially contributing to its ability to scale.
Money remittance provider Wise said it "strongly disagrees" with the Consumer Financial Protection Bureau's characterization that it advertised inaccurate fees and did not properly disclose exchange rates.
More than 80% of bankers surveyed said they increased their tech budgets to invest more in security, data analytics and AI.
The Dallas bank made some headway on its goal to slim down its multifamily loan portfolio, but $17 million in bad loans led to a bottom-line loss in the fourth quarter.
The Long Island-based company, which is in the middle of a makeover, saw its stock price rise sharply after reporting a net loss that was less than what analysts expected.
Russell Vought, should he be confirmed by the full Senate, would join a short list of those able to lead the CFPB, as his predecessor Mick Mulvaney did, per the requirements of the Vacancies Act.
