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Fintech

The U.S. was able to recover the bulk of the 120,000 bitcoins hackers stole from Bitfinex in 2016.

Overshadowed by failures, crypto hacking exacts higher price

By Peter Feltman
Posted December 6, 2022 at 7:00am
Senate Banking Chairman Sherrod Brown has said cryptocurrency legislation backed by Senate Agriculture leaders is too favorable to the industry.

Senate Banking Democrats plan bigger role in crypto legislation

By Caitlin Reilly
Posted December 5, 2022 at 4:54pm
Rostin Behnam, chairman of the Commodity Futures Trading Commission, testifies to the Senate Agriculture Committee on Thursday.

CFTC chairman urges strengthening conflict-of-interest part of Senate crypto bill

By Caitlin Reilly
Posted December 1, 2022 at 3:23pm
A bill from House Financial Services ranking member Patrick T. McHenry would require the SEC and CFTC to form a joint working group to assess the state of cryptocurrency regulation and make recommendations.

As FTX burned, lawmakers said to be dithering over regulator

By Caitlin Reilly
Posted November 29, 2022 at 7:00am
Senate Agriculture Chair Debbie Stabenow, D-Mich., has proposed cryptocurrency legislation that SEC Chair Gary Gensler suggested was 'too light touch' for the industry.

FTX failure may strengthen case for more robust crypto regulation

By Sarah Wynn
Posted November 15, 2022 at 7:00am
Utah Republican Mitt Romney is one of nine senators from both parties who say industrial loan companies can help local economies in ways that traditional financial institutions can't.

Senators urge FDIC to give fair consideration to industrial banks

By Steven Harras
Posted November 1, 2022 at 7:00am
Rep. French Hill, R-Ark., who three years ago urged the Fed to study a central bank digital currency, now raises concerns about 'more big data, more privacy issues.'

Lawmakers trip over privacy and security of digital dollar

By Caitlin Reilly
Posted October 25, 2022 at 7:00am
Rep. Bill Foster says the Fed will need legislation to move ahead with a central bank digital dollar.

Can Congress buy in to digital dollar without legislation?

By Caitlin Reilly
Posted October 18, 2022 at 7:00am
Rep. Tom Emmer, R-Minn., introduced a bill in January that would ban the Federal Reserve from issuing a central bank digital dollar.

GOP midterm victory would add pressure on fintech regulators

By Sarah Wynn
Posted October 4, 2022 at 7:00am
Republican Sens. Patrick J. Toomey of Pennsylvania right, and Tim Scott of South Carolina are sponsoring a bill that would clarify that a range of nontraditional investment options are among those that workplace retirement plan managers can recommend, select or monitor without breaching fiduciary obligations.

Senate bill would boost alternative assets in 401(k) plans

By Laura Weiss
Posted September 29, 2022 at 8:30am