Cryptocurrencies

Trump plows into Libra debate as politicians face crytpo learning curve

07/12/19

As Congress and the SEC were taking steps to regulate alternative currencies, they required a deep knowledge of the cryptocurrency market and technologies. For those who put off their crypto education, Facebook's Libra is a wake-up call.

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'Let's encourage banks to join payday lenders': Comments of the week

07/11/19

Readers react to the Fed warming up to CRA reforms, criticize the Democratic presidential candidates, defend Pittsburgh as a megabank attraction and more.

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Libra takes a beating on Capitol Hill (again)

07/11/19

For the second straight day, concerns about Facebook's cryptocurrency project dominated lawmakers’ questioning of Federal Reserve Chairman Jerome Powell.

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Powell throws down gauntlet on Facebook’s Libra project

07/10/19

The Federal Reserve chairman said the social media giant’s cryptocurrency plan “cannot go forward” without improved regulatory controls.

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SEC may OK crypto firms as brokers; N.Y. regulator will ‘police everything’

07/09/19

“Limited” digital-asset broker spots mat be approved; Linda Lacewell’s plans for the New York State Department of Financial Services.

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Deutsche sounds global retreat; banks push for checking deposits

07/08/19

The bank will reduce its footprint to its German roots; U.S. banks are offering cash bonuses to keep customers from fleeing to higher-yielding accounts.

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'What a bunch of Luddites!': Comments of the week

07/04/19

Readers react to Congress vetting Facebook's Libra, heavily debate whether to delay CECL, opine attempts to roll back overdraft laws and more.

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Regulating Libra’s a waste of time

07/03/19

What Facebook really needs is another heavyweight like Amazon or Google to help spur cryptocurrency competition.

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Trump tweets Fed nominee names; Deutsche in selling mode

07/03/19

The president says he’ll nominate Judy Shelton, Christopher Waller for Fed; the bank reportedly in talks to sell parts of its “once prized” equities business.

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Will Congress stop Facebook's Libra?

07/02/19

The rush to hold hearings in both the House and the Senate reflects broad skepticism across the political spectrum about the social network's plan to develop an alternative payment system.

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