PARIS—The Financial Action Task Force has issued a statement that it not changed the way it monitors digital assets in response to an Al Jazeera report that the intergovernmental organization for tacking money laundering and financing of terrorism is getting ready to "conduct annual checks to ensure countries are enforcing anti-money laundering and terrorist financing rules on crypto providers.
BRUSSELS, Belgium—Central bank digital currencies (CBDCs) may require a network of international deals to stop state-backed money from infringing on other countries’ sovereignty, according to European Union Commissioner Paolo Gentiloni.
DALLAS–A fintech that was launched to offer a “conservative banking alternative” said it is shutting down.
NEW YORK—Goldman Sachs is making a bid to standardize the way the financial industry talks about, tracks and invests in digital assets, according to a new report.
PLANO, Texas–Americans always have many things for which to give thanks each Thanksgiving, but a more affordable dinner won’t be one of them this year, according to one analysis.
WASHINGTON—The Federal Trade Commission (FTC) is being urged to slow down its data privacy-related rulemaking efforts while also omitting credit unions from the guidance.
WASHINGTON— The U.S. Chamber of Commerce is blasting the Federal Trade Commission for its privacy rulemaking proposal.
LEWISTON, Maine–Maine Family FCU has named a new president and CEO. The $256-million Maine Family has selected Dan Clarke to lead the organization.
WASHINGTON–The Merchants Payments Coalition has unveiled a new TV commercial that targets Visa’s sponsorship of the FIFA World Cup even as the company refuses to “allow competition over billions of dollars in swipe fees that drive up prices for consumers,” according to the organization.
MADISON, Wis.— John Pembroke, the president and CEO of CUES, has died.
