San Francisco Fed Chief: Digital Currencies Could Make Crime 'Easier' -
The president and CEO of the Federal Reserve Bank of San Francisco gave a speech on financial technology earlier this week, pointing to digital currencies as an area of potential risk. He said they "have the potential to make criminal and terrorist activity even easier".
Stan Higgins / Apr 13, 2016 09:00 pm
Regulators: Federal Preemption of State Blockchain Laws Unlikely -
A member of the Federal Deposit Insurance Corporation and three state-level regulators discussed blockchain technology at a panel yesterday centered on the future of US FinTech policy. Topics of discussion included the possibility of a federal preemption of state laws on bitcoin and blockchain tech.
Michael del Castillo / Apr 13, 2016 07:44 pm
Blockchain Investment Fund Seeks $100 Million from Major Banks -
A new investment fund is seeking to raise as much as $100m over the next two years to fuel investments in the blockchain space. Founded by financial technology consultant Chris Skinner and Singapore-based venture capital firm Life.Sreda, the Banking on Blockchain Fund is hoping to raise $50m by year’s end.
Stan Higgins / Apr 13, 2016 06:16 pm
Banca IMI Researcher: Blockchain Won't Work if Banks Don't Change -
The head of interest rate and credit models at Banca IMI has penned a new paper on blockchain tech. The report argues that in light of the emerging technology and its potential, traditional financial business models need to be reformed, not just improved.
Pete Rizzo / Apr 13, 2016 04:40 pm
