Cryptocurrencies

House bill would require Fincen to work with tribal agencies

03/13/19

The Financial Crimes Enforcement Network voluntarily works with tribal law enforcement on anti-money-laundering and counterterrorism initiatives, but is not currently required to do so by statute.

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'What the heck do you think the CFPB was set up for?': Comments of the week

03/07/19

Readers consider Square's bid to become an industrial loan company, weigh the Federal Deposit Insurance Corp.'s oversight of brokered deposits and debate reforms to the Consumer Financial Protection Bureau.

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Big tech’s blockchain projects haven’t disrupted banks — yet

03/05/19

Tech giants have been experimenting with blockchain technologies for years, and while they haven’t displaced banks, there’s still cause for concern.

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Startup investment bank seeks to become one-stop shop for crypto

03/04/19

Fincross, based on the island of Mauritius, is launching a regulated investment bank for digital assets. It faces tough competition.

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Crypto companies complain they're being shunned by most banks

03/04/19

Entrepreneurs in the digital-assets industry say that even as some attract investment from multibillion-dollar institutions, they are routinely refused basic banking services by the likes of HSBC and JPMorgan Chase.

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Wells' tech snafu, BB&T-SunTrust cont'd., JPM Coin: Top stories of the week

02/15/19

Flaws in testing may be real source of Wells Fargo's tech failure; BB&T-SunTrust deal throws talent and deposits up for grabs, threatens banking's middle tier; what JPMorgan Chase's JPM Coin means for Ripple and Swift; and more from this week's most-read stories.

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JPM's digital token; Face-recognition ATMs

02/15/19

The JPM Coin will be used to expedite payments transfers for its corporate clients; customers of Spain’s largest retail bank will be able to withdraw cash without entering a PIN.

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5 things JPM Coin will do for banking and blockchain

02/15/19

JPMorgan's blockchain effort could lead to solutions that overcome industry skepticism and regulatory concerns and perhaps attract more mainstream retail interest.

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How will rivals respond to JPM Coin?

02/14/19

Barclays, Bank of America, TD Bank and other banks have filed multiple blockchain patents over the years, but have yet to publicly announce their plans for the technology.

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JPM Coin's focus on B2B breaks the bitcoin mold

02/14/19

JPM Coin is not meant for consumer payments, but rather is a specific technology for a specific use case that the bank controls. Its value comes not from JPM Coin's appeal, but from JPMorgan's titanic wholesale payments business.

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