Cryptocurrencies

‘The U.S. needs to take digital currency seriously’: Dave Birch

06/01/20

Competition over virtual currency could alter politics and global power structures, potentially to the detriment of the U.S., the author of "The Currency Cold War" argues.

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JPMorgan to offer banking to crypto exchanges; news services sue SBA

05/13/20

The move is the first time the bank has provided services to digital currency players; the Washington Post and four other heavy hitters want details on PPP and small business disaster loan programs.

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Facebook’s Libra gets new chief; warnings sounded on PPP loan forgiveness

05/07/20

Stuart Levey, HSBC’s chief counsel and a former U.S. Treasury undersecretary, will head the cryptocurrency project; lender groups say the demands of those small business loans are not so easy to meet.

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Facebook weighs Libra revamp to address regulatory concerns

03/04/20

Facebook and its partners are considering redesigning the Libra cryptocurrency project so that the network accepts multiple coins, including those issued by central banks, in an effort to woo reluctant global regulators and rebuild momentum for the plan.

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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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House lawmakers press Powell on CRA, climate change, stress tests

02/11/20

Federal Reserve Chair Jerome Powell reaffirmed his agency’s skepticism of a Community Reinvestment Act plan proposed by other regulators, and said the Fed has an important role to ensure banks “are resilient against the longer-term risks from climate change.”

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Fed bars another Goldman banker for 1MDB; SEC readies major crypto suit

02/05/20

The bank’s former Asia investment banking co-chief is its third executive to be so punished; the agency says Telegram’s digital coin is a security.

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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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Crypto terrorism funding grows more sophisticated, study finds

01/17/20

Terrorism financing schemes using cryptocurrencies are growing in sophistication, according to researcher Chainalysis, which helps law enforcement track digital-coin transactions.

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