When autocomplete results are available use up and down arrows to review and enter to select.
The payments landscape for community banks is changing rapidly as traditional payments converge with new instant payment systems and emerging cryptocurrencies. It is critical for Community Banks to maintain awareness of developments in the payments space to assess new opportunities, mitigate risks, and ensure that their payment strategy aligns with overall business plans.
Oct. 07, 2021
The Justice Department has launched a team to target cryptocurrency platforms that support money laundering, a top DOJ official said
Team: As reported by Cointelegraph, Deputy Attorney General Lisa Monaco said the new National Cryptocurrency Enforcement Team will draw on the expertise of cyber, money-laundering, and prosecutorial experts.
Sanctions: The Treasury Department last month announced the first-ever sanctions on a crypto exchange—Russia-based SUEX—as policymakers race to develop a regulatory structure for digital assets.
More: ICBA offers community bank primers on crypto and central bank digital currency.