The case is one of the rare cases worldwide where cryptocurrency is alleged to have financed terrorism, said Manhattan District Attorney Alvin Bragg.
February 7, 2023The complaint says the delays caused harm to recipients who were waiting for their money that had become "stuck in" or “looped” in MoneyGram's systems.
April 24, 2022In both cases, OFAC cited voluntary self-disclosures, the non-egregiousness of the violations, and remedial action as the reasons for the penalty amounts.
May 5, 2021The hacker group said to be responsible has reportedly also carried out attacks against MoneyGram, YesBank India, Worldpay, PayPal, Braintree and Venmo this week.
August 28, 2020The RBI has fined prepaid payment instrument issuers, two US money transfer firms and Yes Bank for non-compliance with regulatory guidelines.
May 6, 2019Stricter regulations are intended to limit abuses, improve government oversight and allow the entry of foreign enterprises for the first time. But, a more comprehensive framework is needed to manage systemic risk posed by the sector’s rise.
August 6, 2018Regulation Asia sat down with Sagar Sarbhai, Head of Government and Regulatory Relations for APAC and the Middle East at Ripple, to discuss the company’s business proposition and the regulatory challenges it faces across the region.
May 22, 2018Blurring the regulatory distinction between banking and financial technology creates both opportunity and pitfalls.
April 23, 2018Regulatory hurdles in Ant Financial and MoneyGram deal may affect fintech development.
April 17, 2017