Block agrees to pay $80M to a group of 48 US state financial regulators that say it had insufficient policies for policing money laundering through Cash App (Pete Schroeder/Reuters)

Pete Schroeder / Reuters:
Block agrees to pay $80M to a group of 48 US state financial regulators that say it had insufficient policies for policing money laundering through Cash App  —  Block Inc (SQ.N) has agreed to pay a fine of $80 million to a group of 48 state financial regulators after the agencies determined …