Bitcoin Business

Post FinCEN Penalties, Ripple Labs Adapts and Moves On

The digital currency company Ripple Labs has adapted in response to recent penalties and fines by FinCEN for reportedly “willful violations” of the Bank Secrecy Act. As industry analysts have pointed out, since the violations, the company has drastically increased its anti-money laundering (AML) efforts.…
cinerama
May 8, 2015
Bitcoin Business

Fleeing Bonds and Going Back to Banking

People are worried about bond liquidity. We talked a little yesterday about BlackRock's efforts to revive the credit-default swap market, and BlueMountain's Jes Staley is sounding similar themes: Mr. Staley says that when he looks around for potential systemic threats to the financial system, this…
cinerama
May 8, 2015

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