“Everything is at risk” if financial technology is politicized, said Acting Comptroller of the Currency Brian Brooks. Speaking at a public event hosted by blockchain analysis firm Elliptic on…
Tag: financial
Presidential Advisory Group Weighs In on Regulatory Approach to Stablecoins – CoinDesk
Stablecoins should meet the same regulatory standards as other aspects of the financial system, says President Trump’s Working Group on Financial Markets. The working group published a report Wednesday…
FinCEN’s Proposed Crypto Wallet Rule Might Hit DeFi – CoinDesk
A proposal by the U.S. Financial Crimes Enforcement Network (FinCEN) that would require crypto exchanges to collect personal information, including names and home addresses, from individuals seeking to transfer…
SEC Makes FinHub a Stand-Alone Office – CoinDesk
The U.S. Securities and Exchange Commission’s (SEC) fintech hub is getting an upgrade. Strategic Hub for Innovation and Financial Technology, or FinHub for short, will become a stand-alone office…
Swiss Wholesale CBDC Trial Shows ‘Feasibility’ for Central Bank Money on Distributed Ledger, BIS Says – CoinDesk
An under-the-wraps Swiss trial testing how central bank money can be linked to financial markets built on distributed ledger technology (DLT) yielded positive results, the Bank for International Settlements…
S&P Dow Jones Indices to Launch Crypto Indexes in 2021 – CoinDesk
S&P Dow Jones Indices, a major financial data firm, said Thursday it will launch a customizable cryptocurrency indexing service in partnership with crypto data provider Lukka in 2021. The…
Michael Casey: Bitcoin Is the Biggest Big Short – CoinDesk
Short-sellers, who make money when the price of a targeted financial instrument declines, aren’t always popular with corporate or government leaders. Those on the receiving end of contrarian bets…
MUFG Plans to Launch Blockchain Payment Network in 2021 – CoinDesk
Mitsubishi UFJ Financial Group (MUFG), one of the largest banking institutions in Japan, is set to launch its high-speed blockchain payment network with the U.S.-based tech firm Akamai in…
Citibank Analyst Says Bitcoin Could Pass $300K by December 2021 – CoinDesk
A senior analyst at U.S.-based financial giant Citibank has penned a report drawing on similarities between the 1970s gold market and bitcoin. The whole of bitcoin’s existence has been…
Ten Telltale Signs Of Stocks Topping Resemble DeFi And Crypto
The stock market bubble is popping, according to most top economists and financial analysts. In a new note to investors, a well-known capital manager has revealed the ten telltale…