bitcoin

Crypto exchange Kraken receives Wyoming bank charter

09/16/20

The company, which left New York in 2015 to avoid its regulations on virtual currencies, has found a more welcoming state.

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What's a blockchain bank? A Wall Street veteran building one explains.

08/31/20

Caitlin Long, a former Morgan Stanley and Credit Suisse managing director, is starting a special-purpose depository institution that will provide payment and custody services to institutional investors and corporate treasurers.

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Bitcoin ATMs are an oasis in financial deserts

08/18/20

Crypto provides a new tool for underbanked consumers, Marc Grens of DigitalMint writes.

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Card debt, delinquencies drop; Wells dumps assets to satisfy Fed

08/03/20

Government stimulus programs are buoying consumers hurt by the coronavirus shutdown; the bank has been forced to sell loans to stay within the Fed-imposed $1.95 trillion asset cap.

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Coronavirus is latest test for Europe’s banks; UBS CEO heading to Swiss Re

03/03/20

The disease could lead to less lending business and more loan defaults; Sergio Ermotti will join the insurance company as chairman in 2021.

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Bitcoin doesn’t launder money, Mr. Mnuchin. Money launderers do.

03/02/20

The Treasury secretary’s recent Senate testimony coming down on cryptocurrencies is misguided. Regulations should require building better blockchain technology at the banks.

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Mnuchin's late to the crypto regulation party

02/21/20

The Treasury secretary's statements are a sign that government agencies are still in the early stages of understanding this fundamentally new technology.

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Moynihan’s pay holds steady; cryptocurrency scams flourish

02/10/20

The BofA CEO’s $26.5 million salary was about the same as in 2018; investors hoping for quick riches still fall for cryptocurrency-based Ponzi schemes.

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Where’s crypto’s watchdog?

01/29/20

Criminals are filling the void left by lax U.S. regulation of cryptocurrencies.

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U.K. overdraft plans draw scrutiny; Deutsche to delay pay raises

01/29/20

The country’s banks plan to raise overdraft rates to 40%, which has regulator watching; starting this year pay increases won’t be retroactive to Jan. 1.

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