Browsing: Technology

Newsbytes ABA: Regulatory clarity can reduce illicit finance risks in digital assets

The illicit finance risks posed by digital assets can be most effectively managed by regulating nonbank cryptocurrency companies while allowing banks to engage more fully in digital asset activities, where they will be subject to comprehensive regulation and Bank Secrecy Act requirements, ABA said today in a letter to the U.S. Treasury Department.

Newsbytes Survey finds mixed public attitudes on cryptocurrency regulation

Only two in five people see the U.S. lagging behind other countries in creating a regulatory environment that makes it easy or safe to buy or trade cryptocurrency, although a majority also believe there should be clearer industry regulation, according to a new survey by digital currency investment adviser Grayscale.

Newsbytes FHFA plans competitions to seek fintech housing finance solutions

The Federal Housing Finance Agency plans to hold a series of “tech sprints” to solicit input on financial technology solutions that could benefit the housing market, but will first seek public comment on maximizing the information gleaned from the events, according to a public notice

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