LOS ANGELES – A federal grand jury has indicted an early bitcoin investor and promoter known as “Bitcoin Jesus” on fraud and criminal tax charges.
Fresh Today
LIVERMORE, Calif.–Attorneys who are working with ClassAction.org have published a notice they are considering a class action lawsuit against OE Federal Credit Union over a data breach.
WASHINGTON—The May 12 comment deadline is approaching for the Federal Reserve’s debit interchange proposal, America’s Credit Unions is reminding, noting its opposition to the legislation.
WASHINGTON—The “ringleader” of a student loan debt relief scam will be permanently banned from the debt relief industry and is required to turn over assets as part of a settlement with the Federal Trade Commission.
BASEL, Switzerland—The Financial Stability Institute, part of the Bank for International Settlements (BIS), has published a review of stablecoin regulations across several jurisdictions.
NEW YORK—Lower-income consumers are increasingly struggling to keep up with their loan payments, according to recent data and bank executives, and the result is banks have tightened underwriting on loans for the segment, according to a new report.
WASHINGTON–Many of the benefits of health savings accounts are offset by complex costs and fees, according to a new report from the CFPB.
WASHINGTON–Although it is not the kind of broader change sought by many credit unions and CUSOs that serve the cannabis industry, the U.S. Drug Enforcement Administration said it is moving to reclassify marijuana as a less dangerous drug.
WASHINGTON—With the Independent Community Bankers Association (ICBA) in town and credit unions always on their agenda, the House Ways and Means Committee was urged by America’s Credit Unions to protect credit unions’ tax-exempt status.
WASHINGTON—The rules and regulations related to anti-money laundering and countering the financing of terrorism (AML/CFT) are overly burdensome to credit unions, America’s Credit Unions told the House Small Business Committee.