A storm is brewing between state regulators and the OCC over fintech licensing
A major network of state banking regulators is renewing its attack on the OCC’s moves to register non-depository institutions. Go to Source Powered by WPeMatico
Banking
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Goldman Sachs to utilize JPM Coin for repo trades
JPMorgan is using blockchain to drive efficiency in the repo market; Goldman and others are taking notice. Go to Source Powered by WPeMatico
Today’s clients demand that banks show cybersecurity chops, says JPMorgan leader
New technology also means new responsibilities. Security is key in the digital age. Go to Source Powered by WPeMatico
OCC works to win back House Democrats, still miffed at leader’s focus on crypto
Acting Comptroller Brian Brooks continues his work to reach across the aisle with pledges from major players to support minority-owned banks. Go to Source Powered by WPeMatico
Russia’s Alfa-Bank offers blockchain platform for freelancers
Tutors, taxi drivers and repairmen will be able to take advantage of Alfa-Bank’s blockchain-based services. Go to Source Powered by WPeMatico
Multiparty computation: The Trojan Horse of crypto regulation
MPC is a regulated, fee-centric model that is almost an exact replica of today’s banking system. Go to Source Powered by WPeMatico
Crypto cross-border payments, explained
What are the main advantages that crypto can offer when making cross-border payments, and what are the main challenges for consumers? Go to Source Powered by WPeMatico
Comptroller reveals path for crypto companies to become banks
Firms could potentially become federally chartered banks allowed to provide crypto custody services by converting their business charters. Go to Source Powered by WPeMatico
Indian crypto industry expanding, regulators seem reluctant to engage
As Cashaa launches crypto banking services in India, the cryptocurrency industry continues to grow despite uncertain regulations. Go to Source Powered by WPeMatico
JPM Coin debut marks start of blockchain’s value-driven adoption cycle
Despite its centralized design, JPM Coin’s real life utilization represents a step toward the mainstream adoption of blockchain technology. Go to Source Powered by WPeMatico
