Cryptocurrencies

Bitcoin, despite its ups and downs, had a monster decade of growth

12/31/19

The largest digital token has posted gains of more than 9,000,000% since July 2010, according to data compiled by Bloomberg.

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What inspired State Street's digital asset investing venture

12/19/19

The bank sees digital assets as part of the future and "we want to be there when this happens," says Ralph Achkar, head of digital product development and innovation.

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OCC takes a shot at Wells; Warren targets bank mergers

12/05/19

The regulator says the bank needs to address employee complaints and pay controls; the presidential hopeful would make it more difficult for banks to combine.

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SoFi cleared to offer crypto in New York

12/04/19

The online lender, which has received state approval to establish a virtual currency business, can now offer a full range of investment services — including trading in digital assets — in New York.

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Regulators ease hemp banking rules; alternative credit checks get the nod

12/04/19

Banks will not have to file reports on customers just because they're in the hemp business; making it easier for people with no credit history to get loans.

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'What could possibly go wrong?': Comments of the week

11/21/19

Readers react to the FDIC's proposal allowing banks to hire ex-cons, regulators looking into climate-change risk at banks, whether rewards programs drive loyal customers and more.

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Ripple's XRP used in $400M of crimes, a crypto-tracking firm says

11/20/19

Yet that figure is relatively low compared with other digital assets such as bitcoin, according to the fintech Elliptic.

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Fidelity wins crypto custody charter; HSBC plans restructuring

11/20/19

The charter may provide greater confidence for digital currency investors; bank expects to make large-scale job cuts in its global banking and markets unit.

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Stablecoins like Facebook's Libra may pose systemic risks, Fed says

11/15/19

Global stablecoins could hurt financial stability if they are improperly designed and unregulated, according to a Fed report.

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Building the right sandbox to attract fintechs

11/13/19

Congress can help create a more uniform federal regulatory testing ground to foster innovation.

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