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Said Allaire of the bid to get digital currencies more front and center: “Regulators are getting their arms around them … the digital asset market is now moving, more and more, into the mainstream of finance, FinTech payments and banking world.”. And, of course, the crypto landscape extends well beyond bitcoin.
HSBC To Staff: Stay Off Bank’s SocialMedia Accounts . The 233,000 global staffers of HSBC Holdings Plc were told to remain off the bank’s socialmedia sites on Monday (Sept. The 233,000 global staffers of HSBC Holdings Plc were told to remain off the bank’s socialmedia sites on Monday (Sept.
According to Bloomberg , Attorneys General in Pennsylvania, Illinois and Connecticut are investigating existing allegations against the company, while New York, New Jersey and Massachusetts are looking to find any potential unknown violations. Earlier this week Racine said he believes more states will sue the socialmedia giant.
8) Deposit Impact of SocialMedia: SVB’s customer base and followers were highly active on Twitter and other socialmedia properties. The more active your customer base and “friends of the bank” are on socialmedia, the shorter you can expect your deposit duration when sentiment turns negative.
The secretary of the Commonwealth in Massachusetts has put the brakes on five initial coin offerings in that state. The specific directive from William Galvin, the state’s head securities regulator, commands that those firms abandon the sale of what have been termed “unregistered securities.” The firms named include Mattervest, Inc.,
Shares in Facebook were down 8 percent after a Wall Street Journal story revealed the Federal Trade Commission (FTC) will have jurisdiction to examine the socialmedia company over competition concerns. Some politicians, like Massachusetts Senator Elizabeth Warren , have been calling for the breakup of tech giants.
But in May, authorities in Namibia called Karatbar a pyramid scheme, while last month, Florida’s financial regulator denied that the company had been issued a banking license. I hope everybody will join this platform,” he said in a video, according to The Guardian. And the U.S.
That may sound exciting, but brain tech is one area where the socialmedia giant is playing catchup with the broader scientific community. Research on BCIs and BMIs – much of it funded by government sources – has been going on since the 1990s. (As So how close are the “connected cortexes” of the future?
Lifetime Achievement Award (Bank) Cambridge Savings CEO Wayne Patenaude looks to end a long and successful career at one of Massachusetts’ 10 largest banks. The Bank Regulator Working for Merchants Award! Seems like maybe this has been forgotten when it comes to these regulations. This award must go to the Federal Reserve.
Business tax cuts: The corporate world had reason to cheer this week, when Trump’s pick for incoming treasury secretary, Steve Mnuchin, stated that the number one priority in terms of regulation is to roll back parts of Dodd-Frank. Elizabeth Warren.
Regulation will be essential. Musk believes that proper regulatory oversight will be crucial to safeguarding humanity’s future as AI networks become increasingly sophisticated and are entrusted with mission-critical responsibilities: “Got to regulate AI/robotics like we do food, drugs, aircraft & cars.
Heavy-handed regulators. Seriously, sit back with a pocket flask of Pappy Van Winkle, smoke a cigar (or your combustible of choice if you live in Colorado, California, Washington, Oregon, Nevada, Main or Massachusetts) and enjoy the 2017 GonzoBanker Awards. One word can summarize this action-packed banking year, GonzoBankers – tiring.
Facebook is facing fresh calls for the government to regulate the company after the news that Cambridge Analytica, a political consulting firm, was able to access data on 50 million users beginning in 2014. That defense didn’t do much to quell the blame being tossed the socialmedia giant’s way.
With the socialmedia giant facing severe backlash from regulators, politicians and consumer groups in both the U.K. Lawmakers and regulators in the U.S. Massachusetts Attorney General Maura Healey said over the weekend that her office is launching an inquiry into how Facebook data is used. and the U.S.,
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