GAO says regulatory clarity is needed for consumer fintech products
The Government Accountability Office (“GAO”) recommended that the CFPB clarify how the definition of “credit” in the Truth in Lending Act (“TILA”) and Regulation Z should...
Tagged: Banking operations
Bitcoin, ether rally as Fed announces new emergency loan program for banks
Published: 12 March 2023 at 8:02 p.m. ET Major cryptocurrencies rallied on Sunday, as the Federal Reserve announced a new emergency loan program for banks after...
Stablecoin USDC, part of Crypto’s bedrock, is trapped in Silicon Valley Bank
One of the key foundations of the cryptocurrency market appears to be on shaky ground, as stablecoin issuer Circle Internet Financial revealed that a significant portion...
How India can become a leader in Layer 1 Blockchain technology
By Pratik Gauri Having recently been upgraded to the position of the fifth largest economy in the world, India can become a leader in the adoption...
Bitcoin Tanks as Silicon Valley Bank’s Collapse Raises Contagion Fears
Published: March 10, 2023 at 1:34 p.m. ET Bitcoin saw its losses deepen on Friday, falling below $20,000 for the first time since January, as investors...
FinTech Global FS Regulatory Round-up – w/e 3 March 2023
In this regular update, we round up FinTech-related financial services regulatory developments for the week ending March 3, 2023. ICYMI Recent updates from Herbert Smith Freehills...
Bitcoin falls, as Silvergate’s collapse highlights the biggest threat to crypto
An earlier version of this article incorrectly described Signature Bank as a crypto lender. The article has been corrected. Hello! Welcome back to the Distributed Ledger....
Bitcoin falls, as Silvergate’s collapse highlights the biggest threat to crypto
Hello! Welcome back to the Distributed Ledger. This is Frances Yue, crypto reporter at MarketWatch. Major cryptocurrencies fell on Thursday after Silvergate Capital Corp SAY ....
NFTs from NBA highlights lead to first-of-its-kind decision in US courts, holding that an NFT can be a security under US securities law
The recent decision made by Judge Victor Marrero of the Southern District of New York is of critical importance to the NFT industry. For the first...
Bitcoin is falling. Its early 2023 rally may just be “a stab at a bear market.”
Bitcoin and other cryptocurrencies fell on Thursday as traders shrugged off the implosion of digital asset-focused bank Silvergate Capital and remained cautious about macroeconomic forces ahead...