News Topic: Cryptocurrencies

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. ... Read full article

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. ... Read full article

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. ... Read full article

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. ... Read full article

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

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. ... Read full article

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

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

China dominates the business. Facebook's proposed cryptocurrency could help alter the balance of power. ... Read full article

It’s been a bumpy decade for crypto and blockchain, but both are here to stay. ... Read full article

Readers react to Sen. Warren's plan to weed out Washington corruption, Facebook CEO Mark Zuckerberg's testimony before Congress, restricting the Federal Reserve's proposed real-time payments system and more. ... Read full article

American Banker Capitol Hill reporter Neil Haggerty shares how the D.C. community reacted to Mark Zuckerberg’s congressional testimony and how they look at the project now. ... Read full article

Ravi Menon says that Facebook's bid to create its own digital currency has laid bare shortcomings in cross-border payments and financial inclusion that banks and regulators must address. ... Read full article

As Congress continues to seek answers about the proposed ccryptocurrency, the appearance by Facebook’s CEO cast further doubt on the project’s future. ... Read full article

The Treasury secretary repeated his concerns about the social media giant's proposed cryptocurrency, one day before Mark Zuckerberg is expected to face tough questioning from House lawmakers. ... Read full article

Facebook’s cryptocurrency would not help underserved communities, despite the claims of its CEO, who is slated to appear before Congress this week. ... Read full article

The new CEO is the first outsider to head the scandal-ridden bank in decades; Facebook CEO faces the House Financial Services Committee on Wednesday to discuss Libra. ... Read full article

Kenneth Blanco's tough comments appeared to target payments providers that offer their users anonymity. ... Read full article