Cryptocurrencies

Visa CEO: Libra agreement is “non-binding”

07/23/19

Visa’s decision on how or if it will participate in Facebook’s Libra will be based on how the social network handles the mountain of criticism and requirements that global regulators and lawmakers are heaping upon it.

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Despite outcry, Congress unlikely to block Facebook's crypto plan

07/19/19

Lawmakers from both parties strongly criticized Libra this week, but largely steered clear of proposals to stop it.

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Once a doubter, TD is now bullish on crypto, blockchain

07/17/19

It's created a new digital assets and distributed ledger group, trades bitcoin futures and is funding a crypto exchange.

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Facebook crypto exec meets congressional firing squad

07/16/19

Resistance to Libra on the Senate Banking Committee was bipartisan, and other takeaways from Tuesday’s hearing.

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Mnuchin adds to anti-Libra chorus; Fed’s Williams touts SOFR

07/16/19

The Treasury Secretary says Facebook’s cryptocurrency plan creates national security issues; the New York Fed chief tells financial firms to stop dragging their feet and move on from Libor.

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Regulators need more tools to keep system safe: Boston Fed chief

07/15/19

The U.S. lacks mechanisms authorized in other countries to flag nonbank risks, Eric Rosengren says.

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Facebook's crypto plans are 'a national security issue,' Mnuchin says

07/15/19

The Treasury secretary said the U.S. government has significant concerns about digital currencies, including their potential as tools for money launderers.

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Citi opens bank earnings season; SEC ponders authority over Libra

07/15/19

Investors eye how low rates, flat yield curve will affect bank profits; agency is determining if it has oversight power over Facebook’s planned cryptocurrency.

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Will Libra force Congress to act on data protection?

07/14/19

Almost two years after the Equifax breach led to a congressional uproar but minimal policy change, the protracted fight to enact data security and privacy reform has a new bogeyman.

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Trump warns on Libra; Lenders retreat on farm loans

07/12/19

President says Facebook could face “full banking regulation”; big banks’ farm loan portfolios have shrunk more than 17% since 2015

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