Signature Bank is facing scrutiny from the U.S. Department of Justice over potential shortcomings in its efforts to thwart money laundering, according to insiders familiar with the matter cited in a B...
Tag: Money
Signature Bank Faces Allegation of Money Laundering
U.S. regulators are reportedly investigating the crypto-friendly Signature Bank for money laundering. But is it the latest development in operation Choke Point? According to a Bloomberg report, U.S. r...
Trump’s Media Company Reportedly Under Federal Investigation For Money Laundering Linked To Russia
Topline A federal criminal investigation into former President Donald Trump’s media company Trump Media has expanded to include potential money laundering violations linked to an $8 million loan with ...
Signature Bank investigated for money laundering prior to demise: Report
The cryptocurrency-friendly Signature Bank was reportedly being investigated by two United States government bodies prior to its collapse. According to a March 15 Bloomberg report citing people famili...
US Open Celebrates 50 Years Of Equal Prize Money With Congressional Gold Medal Bid For BJK
NEW YORK, NY – DECEMBER 18: Tennis player Billie Jean King on stage during MOMA’s Contenders … [+] Screening of “Battle of the Sexes” at MOMA on December 18, 2017 in New ...
Why Are Cryptocurrencies Better Than Fiat Money for Online Gambling?
You’ve surely heard the news that cryptocurrencies are the new black when it comes to online gambling. More and more online casinos are adding them to their lists of payment methods. Players love them...
Here are all the banks getting crushed right now—and what to do if your money is there
If there’s one thing that history has taught us about bank runs, it’s that panic begets panic when one financial institution falls. As anxiety spread through and beyond the Bay Area last week after th...
SD Governor Urges 20 States to Block Legislation That Bans Crypto’s Use as Money — Says ‘Its a Threat to Our Freedom’ – Featured Bitcoin News
South Dakota Governor Kristi Noem has vetoed a bill that bans the use of cryptocurrencies, including bitcoin, as money. The bill, masquerading as a Universal Commercial Code (UCC) guidelines update, a...
Smart Money Investors Remain Skittish Over USD Coin (USDC)
Analyst Andrew T tweeted that smart money investors are still staying away from USDC. The tweet added that USDC’s recent re-peg was mainly retail driven. USDC’s price has recovered 3.27% over the last...
India Brings Crypto Under Money Laundering Law: What Lies Ahead For Meme Coins Like Dogecoin and Big Eyes Coin
After imposing a 30% tax on gains generated from cryptocurrencies last year, the Indian government has now brought virtual digital assets like cryptocurrencies under the Prevention of money laundering...
South Dakota Governor Moves To Block CBDC Bill That Excludes Crypto Assets From Definition of Money
South Dakota governor Kristi Noem has vetoed a bill that aims to exclude digital assets from the legal definition of money – with the exception of central bank digital currencies (CBDCs). In an interv...
Money printer go brrr sparking crypto market recovery
Ad The Fed announced “additional funding” on March 12 to backstop the banking sector. The crypto market cap rose to pre-crisis levels following the announcement — triggering a wave of bullishness. Las...
Get Free Money With Exclusive Stake.com Promo
It is easy to see how Stake.com burst onto the igaming scene with great success. The welcome bonus offer includes a 200% deposit match bonus plus 10% rakeback when using the exclusive Stake.com promo ...
U.S. government guarantees all Silicon Valley Bank deposits, money available Monday
Financial regulators said Sunday night depositors of the failed Silicon Valley Bank will have access to all of their money starting Monday, March 13. In a joint statement, the heads of the Federal Res...
Regulators unveil plan to assure depositors will get money after SVB collapse
A man walks by the headquarters of Silicon Valley Bank on March 10, 2023 in Santa Clara, California. Liu Guanguan | Getty Images Banking regulators devised a plan Sunday to shore up deposits at Silico...
As March Madness Begins, It’s Time For Women To Play For The Money
SPOKANE, WA – MARCH 27: Stanford Cardinal players celebrate after beating the Texas Longhorns 59-50 … [+] during the Elite 8 round of the 2022 NCAA Womens Basketball Tournament held at Spo...
South Dakota’s Governor Vetoed HB 1193 Bill on Money Definition
The Governor of South Dakota vetoed the new proposal of changing the definition of money. The bill considers Central Bank Digital Currencies (CBDC) as money does not recognize any other digital asset ...
Is My Money Safe in the Bank During a Depression?
SmartAsset: Is My Money Safe in the Bank During a Depression? It’s rare for consumer money to actually be at risk with a depositor bank. In addition to the fact that the FDIC is usually successful whe...
GME Stock Price as Protagonist in GameStop Movie “Dumb Money”?
GameStop Corp.’s GME stock price is predicted to form a high around the release of the movie named Dumb Money. The GameStop movie is based on the book The Antisocial Network from Ben Mezrich. The movi...
What happened to Silvergate Capital? And why does it matter?
Silvergate Capital SI, -11.27% served as one of the main banks for the crypto industry, prior to its collapse earlier this week. The news came just a week after the firm delayed its annual report to t...
Stablecoin USDC falls below $1, faces $3.3 billion exposure to Silicon Valley Bank
USDC, a stablecoin that is supposed to trade one-to-one against U.S. dollars, has fallen below $1 on Saturday, after creator Circle said it had over $3.3 billion held at Silicon Valley Bank, which col...
Silicon Valley Bank customers line up outside California location amid frantic rush to withdraw money
Customers were seen lined up outside a Silicon Valley Bank location in Menlo Park, California, on Friday after the Federal Deposit Insurance Corporation (FDIC) seized the banks assets. In the largest ...
I doubled my money in Argentina with a ‘black market’ exchange rate
The author in Argentinian Patagonia in February 2023. Here, the Spegazzini Glacier cascades into Lago Argentino, the third largest lake in South America. A legal exchange rate influenced by the black ...
South Dakota Governor Vetoes Bill Excluding Cryptocurrencies from State’s Definition of Money
South Dakota Governor Kristi Noem has vetoed House Bill 1193, which aimed to amend the state’s Uniform Commercial Code (UCC) to specifically exclude cryptocurrencies and other digital assets fro...
India Brings Crypto Transactions Under Prevention of Money Laundering Act – Regulation Bitcoin News
India’s finance ministry has announced that crypto transactions will be covered under the Prevention of Money Laundering Act, 2002 (PMLA). Noting that the move “is a positive step in recognizing the s...
South Dakota governor vetoes bill excluding cryptos from definition of money
South Dakota governor Kristi Noem has formally rejected legislation that would have excluded bitcoin (BTC) and other cryptocurrencies from the definition of money. Bill excluded crypto but classified ...
South Dakota gov vetoes bill excluding crypto from definition of ‘money’
Kristi Noem, the governor of South Dakota, has used her authority to veto legislation aimed at changing the definition of money to exclude cryptocurrencies. In a March 9 notice to South Dakota house s...
‘She made about $15K last year off my money.’ My financial adviser is making money off the $1 million I invested with her — even though I’m losing money. What’s my move?
We started with $1 million dollars, and I expected to see it grow quite a bit, but instead I’ve been losing money over the past few years. Getty Images/iStockphoto Question: I am a single mom with thr...