Cryptocurrencies

Facebook's Libra will force a reckoning on crypto, privacy law

06/27/19

In the eyes of regulators, Facebook and bitcoin have a lot in common. Both challenge citizens' relationship to privacy, and both use technology in ways that current laws were unprepared for.

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Facebook partners not sure about Libra; Northern Trust's exposure

06/26/19

Some signed on because the deal didn't require using or promoting Libra; Chicago bank may get stuck with $190 million of losses from U.K. mutual fund.

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Why Washington mobilized so quickly against Facebook's crypto plans

06/24/19

The speed and the bipartisan nature of the demand for an investigation into Facebook's Libra are telling, giving ammunition to those who warned the cryptocurrency space is underregulated and unsafe

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Waters schedules hearings next month on Facebook, BB&T-SunTrust merger

06/24/19

House Financial Services Committee Chairwoman Maxine Waters wants to examine the merger of BB&T and SunTrust, as well as Facebook's cryptocurrency plans.

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Google flirts with bank charter, digital disruption, Truist fallout: Top stories of the week

06/21/19

Google explored the OCC's fintech charter, then walked away; the biggest changes in digital banking could be just ahead; 'Truist' rebrand prompts lawsuit by N.C. credit union; and more from this week's most-read stories.

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As Libra regulatory storm gathers, a Mastercard exec preaches calm

06/21/19

Libra has only been public for a few days, but it has been enough time for regulators around the world to savage the project and schedule hearings. Jorn Lambert, executive vice president of digital solutions for Mastercard, said the project's objectives are aligned with the regulators' concerns.

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The existential threat of Facebook's digital currency

06/21/19

If Libra becomes a major financial force, the stability of global finance is on the line.

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Did Facebook swipe its Calibra logo from a challenger bank?

06/21/19

The new digital-currency unit at Facebook has a logo that's nearly identical to that of challenger bank Current, which has been around since 2015.

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'The OCC needs to get its house in order': Comments of the week

06/20/19

Readers weigh in on big tech companies walking away from OCC's fintech charter, House committee wanting Facebook to halt Libra, calls to stop Congress from delaying CECL, and more.

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‘Another one?’ Bankers react to Facebook’s digital currency

06/20/19

Community bank executives, payments officials and others said Libra faces an uphill battle amid heavy competition and regulatory scrutiny.

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