Cryptocurrencies

JPMorgan sued over 'sky-high' fees for cryptocurrency buys

04/11/18

JPMorgan Chase was sued for charging "sky-high" interest rates and fees to customers who used their credit cards to buy cryptocurrencies such as bitcoin.

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SEC can help clear regulatory path for crypto trading

04/05/18

The agency should consider exempting some registered cryptocurrency exchanges from state money transmission laws.

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Bank disrupters growing; Hackers hit two big luxury stores

04/02/18

Fintech firms likely to take a third of traditional bank revenues by 2025, Citigroup report says; Saks, Lord & Taylor say five million card accounts were accessed.

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Citi take lead on gun issue; Big three banks’ deposits grow

03/23/18

The bank said it won’t do business with clients who sell guns to minors or those who fail background checks; JPM, B of A and Wells now hold nearly one-third of U.S. deposits.

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Cryptocurrency markets are a blur. SEC can do something about it

03/21/18

Confusion over whether certain digital currency transactions are considered securities is shutting many U.S. investors out of initial coin offerings and spurring illegal behavior.

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Deregulation seen likely; CFPB, FTC to monitor debt collectors

03/21/18

GOP senators push House colleagues not to change Dodd-Frank rollback bill; agencies respond to consumer complaints about debt collectors.

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B of A whistleblowers get $83 million; Activist buys Barclays stake

03/20/18

Three unnamed "senior" employees helped the SEC win a $415 million settlement from the bank; Sherborne Investors takes a 5.2% stake in the British bank.

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Goldman releases U.K. pay gap data; Wells targeted again

03/19/18

The bank is the latest to report required pay discrepancies in their British units; the DOJ and SEC are looking into sales practices at the bank’s wealth management unit.

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Coinbase gets a U.K. money license and reportedly a bank account

03/14/18

Coinbase Inc., one of the largest cryptocurrency exchanges, said it obtained an e-money license in the U.K. as it expands services in Europe. A local subsidiary also opened an account at Barclays Plc, easing deposits and withdrawal for clients.

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PayPal CEO says cryptocurrencies are just an experiment for now

03/09/18

Speaking at the Economic Club of New York in Manhattan, PayPal Chief Executive Officer Dan Schulman said cryptocurrencies have a very uncertain future.

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