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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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6 banking questions for the next Democratic debate

08/11/19

From housing finance to Facebook’s crypto plans, moderators questioning the presidential candidates in Texas next month would have no shortage of financial policy topics from which to pick.

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Why Walmart's cryptocoin is getting a warmer welcome than Facebook's

08/09/19

There are subtle differences in Walmart's virtual currency project compared to Facebook's Libra, but these may be enough to avoid the regulatory firing squad that Facebook has endured.

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2020 race pulls Warren away from Senate Banking

08/06/19

The panel has had 13 public meetings since the Massachusetts senator’s last appearance, in May.

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Capital One breach clouds the cloud; Libra's silver lining

07/31/19

The hack prompts renewed concerns about security of data held in the cloud; lawmakers acknowledge that Facebook’s proposed Libra cryptocurrency could have applications for law enforcement.

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Crypto holds public promise and potential for danger: Senators

07/30/19

Two weeks after lawmakers grilled a Facebook exec over Libra, they acknowledged benefits from digital currency technology while warning of the risks.

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Ex-N.Y. regulator Maria Vullo on fintech fight, Facebook's crypto plan

07/29/19

The former state banking superintendent weighs in on some of the toughest questions bank regulators are grappling with and the lawsuit (still ongoing) that she filed against the OCC.

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Facebook's bid to break banking

07/25/19

The social media giant says its cryptocurrency project can bring services to the world's unbanked. Lawmakers and regulators aren’t so sure.

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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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