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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......»»

Category: topSource: marketwatchMar 18th, 2021

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......»»

Category: forexSource: coindeskApr 30th, 2020

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.....»»

Category: topSource: bizjournalsApr 2nd, 2020

Controversial Group Behind Coronavirus Tracking App Has Crypto Ties

The coronavirus crisis may highlight the overlap between the surveillance state and the cryptocurrency industry......»»

Category: forexSource: coindeskMar 18th, 2020

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......»»

Category: topSource: reutersFeb 19th, 2020

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......»»

Category: topSource: reutersFeb 4th, 2020

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......»»

Category: topSource: marketwatchDec 18th, 2019

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......»»

Category: forexSource: coindeskOct 11th, 2019

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.".....»»

Category: forexSource: coindeskOct 8th, 2019

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......»»

Category: topSource: marketwatchSep 11th, 2019

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......»»

Category: forexSource: coindeskAug 21st, 2019

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......»»

Category: forexSource: coindeskJul 31st, 2019

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......»»

Category: forexSource: coindeskJul 11th, 2019

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......»»

Category: forexSource: coindeskJul 11th, 2019

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......»»

Category: forexSource: coindeskMay 15th, 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......»»

Category: topSource: washpostMay 14th, 2019

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......»»

Category: topSource: marketwatchMay 14th, 2019

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......»»

Category: topSource: washpostApr 8th, 2019

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......»»

Category: topSource: foxnewsApr 1st, 2019

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......»»

Category: forexSource: coindeskMar 13th, 2019