Cryptocurrency
Cryptocurrency
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The U.S. lacks mechanisms authorized in other countries to flag nonbank risks, Eric Rosengren says.
July 15 -
The Treasury secretary said the U.S. government has significant concerns about digital currencies, including their potential as tools for money launderers.
July 15 -
Credit unions could have an answer about when a new credit loss standard will take effect, while the National Credit Union Administration will hold its monthly board meeting this week.
July 15 -
Investors eye how low rates, flat yield curve will affect bank profits; agency is determining if it has oversight power over Facebook’s planned cryptocurrency.
July 15 -
Almost two years after the Equifax breach led to a congressional uproar but minimal policy change, the protracted fight to enact data security and privacy reform has a new bogeyman.
July 14 -
President says Facebook could face “full banking regulation”; big banks’ farm loan portfolios have shrunk more than 17% since 2015
July 12 -
As Congress and the SEC were taking steps to regulate alternative currencies, they required a deep knowledge of the cryptocurrency market and technologies. For those who put off their crypto education, Facebook's Libra is a wake-up call.
July 12 -
Readers react to the Fed warming up to CRA reforms, criticize the Democratic presidential candidates, defend Pittsburgh as a megabank attraction and more.
July 11 -
Coffee farmers in Brazil’s countryside could be soon be using cryptocurrency for their day-to-day needs.
July 11 -
The SEC is paying close attention to cryptocurrency, though its efforts may be counter to its priority to foster innovation and capital formation in the U.S., contends Bill Martin, a lawyer in the New York office of O'Melveny & Myers.
July 11 -
What Facebook really needs is another heavyweight like Amazon or Google to help spur cryptocurrency competition.
July 9 -
“Limited” digital-asset broker spots may be approved; Linda Lacewell’s plans for the New York State Department of Financial Services.
July 9 -
Platforms like Ethereum’s IPFS enable immutable document access, so token issuers and purchasers can provide all necessary financial documents, audits and inspections directly to those who own the token.
July 8 -
The latest skepticism to Facebook Inc.’s plans for its new cryptocurrency called Libra comes from India as Asia’s third-largest economy is not keen on allowing the digital currency in the country.
July 8 -
The bank will reduce its footprint to its German roots; U.S. banks are offering cash bonuses to keep customers from fleeing to higher-yielding accounts.
July 8 -
The technology behind bitcoin has spread far and wide, boosting bank and payment innovation. The competitive impact on the traditional payment industry will be felt for years to come, according to Demetrios Zamboglou, COO of BABB.
July 5 -
Readers react to Congress vetting Facebook's Libra, heavily debate whether to delay CECL, opine on attempts to roll back overdraft laws and more.
July 4 -
Facebook’s cryptocurrency pilot highlights just how important it is for regulators and banks to figure out where they land in the emerging monetary digital age.
July 3 -
What Facebook really needs is another heavyweight like Amazon or Google to help spur cryptocurrency competition.
July 3 -
The president says he’ll nominate Judy Shelton, Christopher Waller for Fed; the bank reportedly in talks to sell parts of its “once prized” equities business.
July 3


















