Cryptocurrency
Cryptocurrency
-
The Boston-based cryptocurrency firm says it would welcome the tough oversight that comes with being a bank. Yet Biden-era regulators have shown apprehension about granting approvals to digital-asset firms.
August 10 -
Banks are traditionally the target of anti-money-laundering regulations and law enforcement’s efforts to crack down on illicit finance. As the cryptocurrency sector grows, policymakers may subject it to customer identification requirements and other measures, analysts say.
August 9 -
While other digital payment providers have partnered with banks to improve their offerings, Circle's plan would enable it to offer regulated financial services in-house to complement its U.S. Dollar Coin cryptocurrency.
August 9 -
As people more heavily use exchanges and other providers of digital-asset-related services, they're registering more beefs with the Consumer Financial Protection Bureau, too. Experts say it's only a matter of time before the agency invokes its broad authority to police the sector.
August 6 -
A strong second quarter, new cryptocurrency clients and its selection as the issuer of a Facebook-affiliated digital currency seem to be validating Silvergate Bank’s unusual business model.
August 2 -
A posting for a digital currency job at Amazon stirred speculation that the e-commerce giant might begin accepting bitcoin at checkout. The company denies that — and experts say it has many other ways to make the most of its intended hire.
July 30 -
The card brand has been pitching itself as a testing ground for central bank digital currencies, a payment portal for stablecoins and — most recently — an accelerator for startups.
July 29 -
State Street is set to offer cryptocurrency reporting, reconciliation and processing services to its private-fund clients in the latest sign that digital assets are gaining acceptance on Wall Street.
July 29 -
Officials in New Jersey, Alabama, Texas and Vermont say the fintech's banklike account is illegal. Here's what they're doing about it.
July 28 -
A Senate hearing highlighted the two parties' starkly different views of digital assets, with Democrats warning of price manipulation and Republicans saying the government should just get out of the way.
July 27 -
Startups focused on crypto and digital assets will now be able to join Mastercard’s Start Path program, which gives fledgling companies access to the network’s executives and technology to help them grow, Mastercard said.
July 27 -
Amazon.com’s payments team is exploring letting customers use cryptocurrencies to pay for their orders, a development that’s roiling digital currency markets.
July 26 -
A U.S. probe into Tether is homing in on whether executives behind the digital token committed bank fraud, a potential criminal case that would have broad implications for the cryptocurrency market.
July 26 -
Ex-Director Kathy Kraninger became vice president of regulatory affairs at Solidus Labs as the crypto market comes under increased scrutiny in Washington.
July 22 -
The card brand's spots will focus less on credit cards and more on real-time payroll, cryptocurrency and mobile commerce.
July 21 -
The Securities and Exchange Commission accuses the company of improperly profiting from sales of the digital token XRP. Here’s how Ripple’s high-priced legal team is trying to poke holes in the government's case.
July 19 -
Widely perceived as the architect of the Consumer Financial Protection Bureau, Massachusetts Sen. Elizabeth Warren used the occasion of the agency's 10th anniversary to call for more robust oversight of cryptocurrency and banks' overdraft practices.
July 19 -
Pro basketball sponsorships have long been the domain of banks and other traditional advertisers. But now companies like Chime, LendingTree and FTX.us are making their names known through partnerships with NBA teams.
July 19 -
Treasury Secretary Janet Yellen will convene top U.S. financial-market and bank regulators on Monday to discuss rules for so-called stablecoins, a key part of the cryptocurrency market where government officials are increasingly fretting about a lack of oversight.
July 16 - AB - Policy & Regulation
As the Federal Reserve mulls whether to establish its own digital currency, Chair Jerome Powell told lawmakers that cryptocurrencies designed to have the stability of bank deposits and money market funds should be regulated accordingly.
July 14











![Wyoming Republican Cynthia Lummis, left, said at a Senate hearing that a “publicly available ledger” makes it hard for criminals to use virtual currencies anonymously. Sen. Elizabeth Warren, D-Mass., said, “All the warning signs [about cryptocurrencies] are flashing.”](https://arizent.brightspotcdn.com/dims4/default/3f6e76c/2147483647/strip/true/crop/1400x788+0+13/resize/1280x720!/quality/90/?url=https%3A%2F%2Fsource-media-brightspot.s3.us-east-1.amazonaws.com%2F2a%2F78%2Fa8d1ec554e77a78bce270cf621ca%2Flinkedin-post-3.jpg)






![“Even in the face of...opposition from politicians and from industry, the agency survived [the Trump administration] and stayed strong, in part because it is built right," Sen. Elizabeth Warren, D-Mass., said of the CFPB.](https://arizent.brightspotcdn.com/dims4/default/d94cc1d/2147483647/strip/true/crop/5795x3260+0+301/resize/1280x720!/quality/90/?url=https%3A%2F%2Fsource-media-brightspot.s3.us-east-1.amazonaws.com%2F73%2F8b%2Ff7e050bd44529ac3c4914f3a9781%2Fwarren.jpg)


