New York Just Issued Its First-Ever Bitcoin Banking License
The groundbreaking license granted to cryptocurrency exchange itBit signifies a momentous stride forward in the race to legitimize the fledgling digital currency.
Fed Issues Rule to Prevent Oversized U.S. Financial Firms
The rule is designed to prevent large financial firms from becoming so big that their failure could shake the core of the U.S. financial market.
The SEC Is Probing Private Equity Performance Figures
More specifically, the regulator is examining how private equity firms report a key metric of their past performance when they market new funds to investors.
Business Is Eager to Embrace Bitcoin But Regulators Are Not
Retailers worldwide increasingly see Bitcoin as just another payment method but governments are suspicious it is a rival to currency.
7 Deadly Sins of Financial Management (Infographic)
Minding the books while trying to gather insights from fiscal data is difficult. Update to modern technology. Cloud computing offers answers.
What Entrepreneurs Need to Know About the Historic Change in General Solicitation Law That Goes Into Effect September 23
The 80-year-old ban on private companies advertising their fundraising efforts lifts on Monday, and the industry is largely cautious, waiting for the SEC to hand down more details on how the change will be regulated.
Bitcoin Companies Subpoenaed Over Regulatory Concerns
New York state financial regulators have issued subpoenas asking Bitcoin-related companies for information into whether safeguards are in place to prevent the virtual currency from being used in illegal activities such as money laundering.