Following months of public hearings and reports on credit card rewards programs, on December 18, 2024, the Consumer Financial Protection Bureau (CFPB) released a circular (Circular) to other law enforcement agencies alleging...more
On January 27, 2014, the Department of Justice publicly announced it had filed criminal charges against Charles Shrem for operating an unlicensed money transmitting business, conspiracy to commit money laundering, and failure...more
Given the growing acceptance of Bitcoins, Congressional and state regulator interests have piqued.
Two Senate subcommittees— the Senate Committee on Homeland Security and Governmental Affairs and the Senate Committee...more