He Saw Iceland’s Banking Fraud From Inside. Now He’s Worried About Crypto
“I think we’re living on a sand castle financial system,” says former banker and fraud investigator Jared Bibler.
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Oct 27, 2021 at 6:25 p.m. UTC
Oct 27, 2021
banking regulation
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Paxful’s Ray Youssef on Digital and Financial Social Justice
How can an online “barter for money” bring digital social justice to historically underserved populations?
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Oct 12, 2021 at 8:35 p.m. UTC
Oct 12, 2021
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What Iceland’s Spectacular Banking Collapse Teaches Us About Tether
Iceland’s surreal banking bubble led to one of the biggest blowups of the 2008 financial crisis. The story holds important lessons – including a possible scenario for Tether’s collapse.
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Oct 7, 2021 at 4:41 p.m. UTC
Oct 7, 2021
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US FDIC Said to Be Studying Deposit Insurance for Stablecoins
So-called pass-through coverage would insure the holders of these tokens against losses up to $250,000 if the bank holding the collateral were to fail.
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Oct 6, 2021 at 10:06 p.m. UTC
Oct 6, 2021
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Digital Euro Isn’t Guaranteed After Experiment, ECB Advisor Says
The European bank’s two-year digital euro experiment will focus on a retail CBDC.
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Sep 15, 2021 at 4:21 p.m. UTC
Sep 15, 2021
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Australian Crypto and Remittance Businesses Face ‘Debanking,’ Senate Committee Hears
Australian banks stand accused of engaging in “anti-competitive” behavior by denying their services to local crypto businesses.
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Sep 8, 2021 at 7:13 p.m. UTC
Sep 8, 2021
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South Korean Banks to 'Review' Partnerships With Crypto Exchanges
There are no guarantees that even the "Big 4" Korean crypto exchanges will survive the imminent regulatory tidal wave.
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Jun 21, 2021 at 2:13 p.m. UTC
Jun 21, 2021
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Texas State Regulator Greenlights Banks to Custody Crypto
A June 10 notice from the Texas Department of Banking told state-chartered banks they can work with crypto companies.
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Jun 10, 2021 at 11:39 p.m. UTC
Jun 10, 2021
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Wall Street Bank CEOs to Mention Crypto Before Congressional Banking Panels This Week
“We continue to closely and actively follow developments around cryptocurrencies,” said Wells Fargo CEO Charles Scharf in a statement.
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May 26, 2021 at 1:46 p.m. UTC
May 26, 2021
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New OCC Chief Signals Greater Caution on Crypto
"We created an Office of Innovation, updated the framework for chartering national banks and trust companies, and interpreted crypto custody services as part of the business of banking. I have asked staff to review these actions," Acting Comptroller Michael Hsu said.
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May 18, 2021 at 8:01 p.m. UTC
May 18, 2021