Cryptocurrencies

Fannie, Freddie to retain earnings; PayPal wins Chinese payments license

10/01/19

The GSEs will hold onto a combined $45 billion as they start the process of going private; PayPal becomes the first foreign firm to win approval to enter the country’s payments market.

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Virtual Currency's New Frontier: Cryptocollateral

09/30/19

States are just beginning to regulate cryptocurrency as a credit collateral for lenders. More can be done.

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Experimenting with digital currencies; Questioning SOFR

09/24/19

Some countries are toying with digitizing their currencies; NY Fed chief defends SOFR despite recent concerns about repo market volatility.

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Fannie, Freddie can keep profits; CBD firm seeks national bank

09/23/19

Building capital will help the mortgage agencies move toward the private sector; Virtual Wellness needs to assure banks it's safe to do business with them.

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Central bank crypto could change banking; Fed to intervene again

09/19/19

Vikram Pandit says digital push could force “creation of 21st century regulation”; Fed will conduct $75 billion overnight repurchase agreement operation.

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New Zealand's progressive approach is a boost for cryptocurrency

09/13/19

The new regulation in New Zealand shows other jurisdictions how best to address cryptocurrencies and their use in payments.

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Zelle founder to helm Ripple rival Interstellar

09/12/19

The creator of Zelle precursor clearXchange is heading a company building a blockchain-based international payment technology for banks.

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Cryptocurrency AML software vendor Elliptic gets $23 million in funding

09/04/19

The company sees increasing consumer demand for cryptocurrency, especially in Asia, and gradual acceptance among financial institutions.

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UBS shuffles top management; Treasury issues Libor tax guidance

08/30/19

The bank elevated three senior executives who could be possible successors to CEO Sergio Ermotti; the move to a new rate benchmark won’t trigger a “tax event.”

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FedNow service and blockchain closely linked

08/26/19

Crypto technology will play a major role in the central bank's real-time payments system.

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