Are tomatoes a fruit or a vegetable? The current debate over digital assets appears to limit the discussion to such a question. Are digital assets fruits or vegetables (securities or commodities)? Are they money (stablecoins) or something else, like art (NFTs)? Are these the right questions? Perhaps the inquiry should not be over the categorization of digital assets, but how best to regulate them.

FINRA warned firms of an increase in the volume and sophistication of ransomware attacks.

In testimony before both the Senate Banking Committee and the House Financial Services Committee, CFPB Director Rohit Chopra described areas for concern raised in the agency's "Spring 2022 Semi-Annual Report."

A Denmark-based bank settled DOJ and SEC charges for fraud and failure to disclose deficiencies in its AML compliance program related to its Estonian branch.

The Public Company Accounting Oversight Board completed inspections of two public accounting firms based in China.