FinCEN: Social Media Companies That Tokenize Must Follow the Law

Social media networks with crypto aspirations must guard their systems against criminal exploitation, the U.S Treasury Department’s deputy fiscal crimes enforcer said at an anti-money laundering (AML) conference. In prepared remarks, Jamal El-Hindi, deputy director of the Financial Crimes Enforcement Network (FinCEN), said these “new payment technologies” need to be held to the same AML […]

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Libra Vice Chair Not Worried About the Leavers

In a chat on the Davos Promenade during last month’s World Economic Forum, Dante A. Disparte, vice chair of the Libra Association, made the case for the consortium-managed cryptocurrency project. Shrugging off recent major corporate exits from the Association, Disparte made the case for Libra as a viable open-source platform for products that enhance financial […]

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Google-Parent Alphabet Must Crush Earnings Expectations or Risk Selloff

Google-parent Alphabet is reporting quarterly earnings after the bell on Monday. The search giant’s ad revenues must beat Wall Street expectations or risk selloff. New CEO Sundar Pichai must implement changes in terms of company disclosure to attract more investors. Google-parent Alphabet (NASDAQ:GOOGL), is scheduled to release its fourth-quarter earnings report today after the market […]

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