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In March, Vantage Bank, in partnership with Custodia Bank

So who's using stablecoins anyway? As banks, fintechs

Stablecoins—the crypto tokens pegged to fiat money or algorithmically engineered to hold a set price

Visa, Mastercard, PayPal are among the firms moving the cryptocurrency option closer to the point of sale.

House Financial Services Committee ranking member Maxine Waters joined fellow Democrats in introducing a bill barring the president, vice president, members of Congress or their families from owning so much of a cryptocurrency that they are able to influence the market.

More than 200 employees are exiting the National Credit Union Administration as the credit union regulator pursues its Trump-era mandate to shrink government and slash operating costs.

Andrew Blassie, a former executive at Illinois-based Bank of O'Fallon, pleaded guilty to inflating bank accounts, defrauding retirees and abusing insider access, according to the Federal Deposit Insurance Corp. Office of the Inspector General.

Xavier Oustalniol, CPA, CFF, CIRA, is a partner at StoneTurn and an expert in forensic investigations and compliance advisory. He focuses on complex forensic accounting issues, fraud investigations and prevention, and anti-corruption matters, and provides consulting services regarding damages analysis, securities class action litigations, arbitration, accountant malpractice and purchase price disputes, including providing expert testimony.

Upgrading its anti-money-laundering controls is the Canadian bank's top priority following historic failures that led to a $3.1 billion penalty and a U.S. asset cap.

"There were four layers between me and the senior managers of the products and like 14 layers across the organization, which is too much for an organization that needs to be agile," David Velez said.