Satoshi Nakamoto Blog


coronavirus Crisis management Digital Banking Digital Currencies paycheck protection program SBA small business small business lending

Digital dollars would deploy financial relief faster

As lawmakers move forward this week on another stimulus package, this one amounting to $484 billion so far, two conclusions seem inescapable at this point:...
cyber security Digital Currencies Federal Reserve Jerome Powell libor Libra Mike Crapo Regulatory guidance Regulatory reform Regulatory relief

Fed’s Powell open to more than one Libor alternative

WASHINGTON — Federal Reserve Chairman Jerome Powell told senators Wednesday that his agency is open to exploring a separate alternative reference rate that would be...
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Morgan Stanley not satisfied; lawmakers demand more answers from Dimon

Morning Scan will not publish on Monday, Jan. 20, in observance of the Martin Luther King Jr. holiday. We’ll be back on Tuesday, Jan. 21....
Bitcoin Blockchain Celent Cryptocurrencies Custody banks cybersecurity Digital Banking Digital Currencies fintech State Street

What inspired State Street’s digital asset investing venture

Though most banks have steered clear of cryptocurrency due to regulatory uncertainty, State Street is taking small steps toward helping clients invest in related assets...
Digital Currencies FSOC libor Libra Liquidity requirements Monetary policy patrick mchenry SOFR Steven Mnuchin Treasury Department

Congress may need to step in on Libor switch, Mnuchin warns

WASHINGTON — The Treasury Department may need congressional help to ease the transition to a new interest rate benchmark, Secretary Steven Mnuchin told lawmakers Thursday....
Auto lending Career moves Digital Currencies Morning scan Penalties and fines Strategic planning Subprime lending Underbanked

N.Y. Fed close to filling market ops spots; Subprime auto-backeds rev up

Receiving Wide Coverage … Taking the fall “Bowing to shareholder pressure,” the CEO and chairman of Westpac, Australia’s second-largest bank, are stepping down following charges...
Capital requirements Digital Currencies Federal Reserve Federal Reserve Bank of Cleveland FedNow Loretta Mester Randal Quarles real-time payments Stress tests The Clearing House Association

FedNow is necessary, Fed digital currency is not: Mester

CLEVELAND — The Federal Reserve’s pending creation of its own real-time payments network has won plaudits from community bankers, but there are questions about how...
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Fed eyeing banks’ technology vendors; Wells questioned on fees

Receiving Wide Coverage … Call for action Australian Prime Minister Scott Morrison weighed in on the scandal at the country’s second largest bank, Westpac, which...
AML Bitcoin Cryptocurrencies Digital Currencies financial crimes Fraud detection Money Laundering

Ripple’s XRP used in $400M of crimes, a crypto-tracking firm says

Elliptic, a company that monitors cryptocurrency transactions for signs of foul play, recently began watching XRP — the digital currency created, and mostly controlled by,...
China Digital Currencies Libra Op Ed

Op Ed: In China, It’s Blockchain and Tyranny vs Bitcoin and Freedom

On October 24, 2019, President Xi Jinping gave a major speech about how China is going to make blockchain technology a national priority. He said...