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Warren to target bank crypto offerings in US regulator query

Massachusetts Democrat Elizabeth Warren is circulating a letter among her Senate colleagues that would ask a key US bank regulator to withdraw legal guidance that has...

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Robinhood crypto unit fined $30M by New York regulator

Robinhood Markets Inc.’s cryptocurrency arm was fined $30 million by New York’s financial regulator after the brokerage was accused of violating anti-money-laundering and cybersecurity...

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Visa, Mastercard swipe fees targeted in planned Senate bill

Two US senators plan to introduce legislation as early as this week that would give merchants the ability to route Visa Inc. and Mastercard...

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Shopify will cut 10% of its staff, with most workers gone by day’s end

Canadian e-commerce firm Shopify Inc. will cut about 10% of its workforce Tuesday, as Chief Executive Officer Tobi Lutke acknowledged the company’s decision to...

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Visa in talks to invest in fintech startup Airwallex

Payments giant Visa Inc. is in talks to join an extension of the fintech startup Airwallex’s latest funding round, according to people familiar with...

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