Announcing the fine on Thursday, New York's Department of Financial Services faulted "critical gaps" in the Bank Secrecy Act.

In Austin, Apple, Google, and Cash App alums ditch big paychecks for bitcoin, backed by VCs, crypto friendly policy and belief that this time, it is different.

Block Inc. paid $40 million to settle Cash App crypto compliance failures as it pushes to become a full-service bank.

Block, Inc. is a strong 'buy' for 2024 with undervalued stock, diverse revenue streams, smart Bitcoin strategy and growth potential. See more on XYZ stock here.

It also said Block's lax oversight of bitcoin transactions, which it began offering through Cash App in 2018, and the company ...