Financial – Page 5

Bitcoin Favored in Human Trafficking, Child Exploitation: FinCEN Report

The Treasury's financial-crimes arm found that bitcoin was increasingly popular for use in trafficking of people and materials tied to child sexual abuse, though the veri is from 2021.

Treasury Secretary Yellen Says U.S. Needs Better Stablecoin Regulation

"A federal regulator should have the ability to decide if a stablecoin issuer should be barred from issuing such an asset," she told lawmakers on Tuesday.

Treasury Secretary Janet Yellen Warns of Crypto Risks

Yellen is set to tell U.S. lawmakers that the FSOC is especially wary of stablecoins and the potential for digital asset runs.

Crypto for Advisors: AI Tools for Advisors

Content creation and productivity are the main benefits of advisors utilizing AI tools. There are some helpful things that AI can do to help financial advisors.

Labour Wants UK to Be a Securities Tokenization Hub and Advance Digital Pound Work

The opposition party leads the polls in what's likely to be an election year.

A Backdoor Regulatory Option Haunts U.S. Crypto

If all else fails with Plan A for setting up stablecoin rules with legislation, the industry's Republican allies in Washington have revealed their worry the Federal Reserve could step...

Crypto for Advisors: Unlocking Crypto Custody

As a financial advisor, it is crucial to understand that there is no one-size-fits-all approach to crypto custody. Instead, the most suitable solution depends on your client’s specific needs,...

U.S., U.K., Australia Sanction Hamas-Affiliated Crypto Transaction Facilitators

The U.S. designated two companies that helped move crypto for Hamas, according to a Treasury Department press release.

White Supremacists Lean On Crypto, Says Anti-Defamation League Report on Extremists

The report says white supremacist groups are drawn to crypto funding, but the amounts are relatively small, and it doesn't make a case that digital assets are paying for...

EU Banking Watchdog to Deepen Probe of Links Between Banks, Crypto Entities: FT

Concerns over contagion have triggered the need to "dig deeper into the links between banks and other financial firms," José Manuel Campa, the chair of the EBA told the...