News Topic: Cryptocurrencies

Raj Date’s new firm, FS Vector, will help cryptocurrency firms and digital upstarts navigate Washington. ... Read full article

Focus instead on legislation that will prevent the next economic crisis and address technological change, says Rep. Patrick McHenry, a Republican front-runner to become Financial Services Committee chairman. ... Read full article

A judge rules the accounting firm should have detected the fraud that brought down Colonial Bank; Fed deal with Goldman and Morgan Stanley shows softer side. ... Read full article

The bank can pay out 40% more than it is expected to earn; the German bank’s stock slide may lead to its removal from a major European bank index. ... Read full article

Deutsche Bank failed and Goldman Sachs and Morgan Stanley restrained; antitrust lawsuit brought by retailers may be near a resolution. ... Read full article

Banks stocks have declined as the yield curve shrinks; the companies will offer a co-branded small-business card. ... Read full article

Pass/fail may be replaced by public capital ratio; high court allows company to prevent merchants from favoring other cards. ... Read full article

The acting agency chief defended the “zero tolerance” policy while praising the permanent CFPB nominee suspected of having been involved in implementing it. ... Read full article

Morgan Stanley CEO, New York Fed chief caution against failing to remember what caused the financial crisis; Wells Fargo may combine its two big wealth management businesses. ... Read full article

Largest banks would be limited on how much risk they could have with each other; the credit bureau has hired the former head of the computer giant's Watson unit. ... Read full article

It’s possible for a cryptocurrency to begin as a security and then transform into another type of asset, said William Hinman, who heads the regulator's division of corporation finance. ... Read full article

Security Group was fined $5 million for abusive collection tactics; the Dutch payments company is now valued at nearly $16 billion. ... Read full article

Agency says it wants “smaller memberships to ensure streamlined discussions;” the bank hired a U.K. firm to help it better defend against cyberattacks. ... Read full article

Circle Internet Financial Ltd., one of the world’s most valuable cryptocurrency platforms, is looking to make a big leap into the highly regulated realm of U.S. banks and brokerages. ... Read full article

The OCC finds widespread problems in bank retail sales practices; Ripple and Swift competition for payments pits technology against convention. ... Read full article

Cereal is looking at the aspects of the market that could be considered the most stable. By encouraging more mining activity, Cereal also promotes the viability of the cryptocurrencies being mined. ... Read full article

The banker made $140,000 in illegal trading profits; the German bank faces Fed stress test and “living will” examination soon. ... Read full article

Bittrex, a Seattle cryptocurrency exchange that lets users swap nearly 200 different digital coins, said it forged banking agreements that will allow some customers to trade in U.S. dollars. ... Read full article