Block Inc Fined $80 Million for Compliance Failures State regulators have recently made a bold move by imposing an $80 million fine on Block Inc for past compliance weaknesses. This significant penalty serves as a stark reminder to companies operating in the financial sector about the importance of robust compliance measures and the potential consequences […]
Digital Pound Lab to explore UK CBDC use cases
Digital Pound Lab to Explore UK CBDC Use Cases The United Kingdom is taking a significant step towards the future of finance with the establishment of the Digital Pound Lab. This innovative initiative is set to explore the potential use cases of a Central Bank Digital Currency (CBDC) in the UK. With a primary focus […]