Cryptocurrencies

Despite outcry, Congress unlikely to block Facebook's crypto plan

07/19/19

Lawmakers from both parties strongly criticized Libra this week, but largely steered clear of proposals to stop it.

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Once a doubter, TD is now bullish on crypto, blockchain

07/17/19

It's created a new digital assets and distributed ledger group, trades bitcoin futures and is funding a crypto exchange.

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Facebook crypto exec meets congressional firing squad

07/16/19

Resistance to Libra on the Senate Banking Committee was bipartisan, and other takeaways from Tuesday’s hearing.

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Mnuchin adds to anti-Libra chorus; Fed’s Williams touts SOFR

07/16/19

The Treasury Secretary says Facebook’s cryptocurrency plan creates national security issues; the New York Fed chief tells financial firms to stop dragging their feet and move on from Libor.

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Regulators need more tools to keep system safe: Boston Fed chief

07/15/19

The U.S. lacks mechanisms authorized in other countries to flag nonbank risks, Eric Rosengren says.

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Facebook's crypto plans are 'a national security issue,' Mnuchin says

07/15/19

The Treasury secretary said the U.S. government has significant concerns about digital currencies, including their potential as tools for money launderers.

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Citi opens bank earnings season; SEC ponders authority over Libra

07/15/19

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.

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Will Libra force Congress to act on data protection?

07/14/19

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.

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Trump warns on Libra; Lenders retreat on farm loans

07/12/19

President says Facebook could face “full banking regulation”; big banks’ farm loan portfolios have shrunk more than 17% since 2015

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Trump plows into Libra debate as politicians face crytpo learning curve

07/12/19

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.

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