washingtonpost

Fintech and the Digital Future: Bloomberg QuickTake

Not so long ago, homebuyers, entrepreneurs and investors went hat-in-hand to the bank to apply for a mortgage, small-business credit line or brokerage account. Financial technology, or fintech, is rapidly changing all that by making it easier to save, borrow and invest online or with a mobile device, without ever dealing with a traditional bank.

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Get Ready for Big Bitcoin: Cryptocurrency Industry Opens a D.C. Lobbying Arm

The price of bitcoin may be down, compared with last year’s meteoric heights. But industry officials aren’t waiting for the next spike in investor demand to launch a charm offensive targeting federal lawmakers and regulators who’ve taken an interest in cryptocurrencies.

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Bitcoin’s Astronomical Rise Last Year Was Buoyed by Market Manipulation, Researchers Say

Researchers at the University of Texas at Austin found that at least half of bitcoin’s astronomical returns last year may have been a result of manipulation. What may be at the center is another digital token called tether.

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Mick Mulvaney Fires All 25 Members of Consumer Watchdog’s Advisory Board

Mick Mulvaney, acting director of the Consumer Financial Protection Bureau, fired the agencys 25-member advisory board Wednesday, days after some of its members criticized his leadership of the watchdog agency. The CFPB said it will revamp theConsumer Advisory Board, known as the CAB, in the fall with all new members.

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Nationwide Crackdown on Suspicious Cryptocurrency Investment Schemes

Securities regulators across the United States and Canada announced dozens of investigations into potentially deceitful cryptocurrency investment products, the largest coordinated crackdown to date by state and provincial officials onbitcoin scams.

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