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Capitol Report: As lawmakers reintroduce cannabis-banking bill, analyst says it’s the ‘backup plan if Democrats cannot enact legalization’
A bipartisan group of House lawmakers on Thursday reintroduced the SAFE Banking Act, a bill that aims to protect financial institutions that work with the cannabis industry......»»
Banking the Unbanked: How the Crypto Community Can Make a Big Impact
For tech-savvy young adults in communities often overlooked by traditional big business, the crypto and blockchain industry offers opportunities that others don't......»»
New York relaxes coronavirus restrictions for residential, commercial real estate industry
The residential and commercial real estate industry in New York can immediately resume some business activities during the coronavirus pandemic under new rules released by the state's economic development agency, according to a trade group. The New Y.....»»
Controversial Group Behind Coronavirus Tracking App Has Crypto Ties
The coronavirus crisis may highlight the overlap between the surveillance state and the cryptocurrency industry......»»
Regulators need to get up to speed on digital currencies
Global financial regulators risk falling behind on rapid innovation in the digital payments industry and need to work more quickly to devise rules for crypto-currencies or "stablecoins", the chair of a global finance watchdog said on Wednesday......»»
Federal Reserve bars former Goldman Sachs executive for role in 1MDB scandal
The U.S. Federal Reserve said on Tuesday that it permanently barred a former Goldman Sachs Group Inc executive from the banking industry over his role in Malaysia's multi-billion-dollar 1MDB corruption scandal......»»
Futures Movers: Oil on track to snap 4-day win streak after inventory rise
Oil futures are trading lower Wednesday, on track to snap a four-day winning streak after an industry trade group reported a rise in U.S. inventories of crude and products ahead of a more closely followed government tally......»»
SEC, CFTC, FinCEN Warn Crypto Industry to Follow US Banking Laws
The heads of three U.S. financial regulators warned the crypto industry to abide by banking laws in a joint statement published Friday......»»
Hong Kong Securities Watchdog Issues Rules on Funds Investing in Crypto
Hong Kong's Securities and Futures Commission (SFC) has issued regulations for fund managers investing in "virtual assets.".....»»
Futures Movers: Oil boosted by signs of tightening U.S. supplies
Oil futures gain ground Wednesday, boosted after an industry trade group signaled a fall in U.S. crude inventories as traders await official data......»»
South Korea’s Woori Financial Teams up with Kakao’s Crypto Payments Group
The banking company is latest major organization in the country to join the blockchain rush......»»
Sony Co-Leads €13 Million Raise for Crypto Banking Startup Bitwala
Bitwala raised almost $14.5 million in a Series A funding round led by Sony Financial Ventures and NKB Group......»»
Winklevoss-Backed Crypto Self-Regulatory Group Prepares to Woo Congress
The Virtual Commodity Association has launched six committees to write “well-informed, sensible regulation†for the crypto industry......»»
Winklevoss-backed Crypto Self-Regulatory Group Prepares to Woo Congress
The Virtual Commodity Association has launched six committees to write “well-informed, sensible regulation†for the crypto industry......»»
2020 Presidential Hopeful Andrew Yang Says Regulators ‘Owe’ Clarity on Rules for Crypto Industry
Presidential candidate Andrew Yang pitched himself as a friend of the crypto community to a receptive crowd at Consensus 2019......»»
Trump administration may overhaul rules limiting bank overdraft fees
This comes at a time when Democrats in Congress are taking a closer look at the banking industry. Banks made more than $11.5 billion in overdraft fees last year......»»
The Wall Street Journal: Payday lenders mobilize behind rule repeal, including with duplicate supportive comments: consumer group
Payday lenders have been mobilizing their customers to push the federal government to ease Obama-era regulations of the industry, according to research by a consumer advocacy group that favors the rules......»»
Fed proposes easing post-crisis rules for biggest banks
The proposal comes as the Trump administration continues to look for ways to curtail the regulatory burden faced by the banking industry, a decade after the global financial crisis......»»
US futures up on China manufacturing data
The statistics bureau of China and an industry group said Sunday their monthly purchasing managers' index rose to 50.5 on a 100-point scale on which numbers above 50 show activity rising -- up 1.3 points from February......»»
Polychain, DCG Invest in Crypto Futures Exchange CoinFLEX
Venture capital firms Polychain and Digital Currency Group have invested an undisclosed sum in cryptocurrency futures exchange CoinFLEX......»»