Search results “Bnp paribas nydfs bitcoin”
New York's Lawsky Wants Senior BNP Executives Fired In Probe: Sources
New York state's top banking regulator, Benjamin Lawsky, is asking BNP Paribas to fire some senior executives as part of a settlement of allegations that the French bank violated U.S. sanctions. Lawsky has demanded that more than a dozen employees be terminated, and one of the sources said that includes people in the bank's "upper management." http://feeds.reuters.com/~r/reuters/businessNews/~3/Q8gXk-B53bA/story01.htm http://www.wochit.com
Views: 23 Wochit Business
Ben Lawsky on NEW YORK NOW
The head of the newly formed Dept. of Financial Services in NYS talks to NEW YORK NOW about the balancing of being a regulator and watchdog.
Views: 529 WMHT
Bitcoin could be viable money alternative in 5 years -Lawsky
BITCOIN COULD BE VIABLE MONEY ALTERNATIVE IN 5 YEARS -LAWSKY ANCHOR QUESTION OFF-CAMERA (ENGLISH) SAYING: Your agency is sort of actively taking a role in getting the regulations set for this and I think you said you wanted to make New York the first state to have regulations for virtual currency. Do you feel that that's somehow opening a pandora's box for hackers and computer programmers who have other ideas about trafficking or trafficking anything for that matter using that currency, or laundering money using it. BENJAMIN M. LAWSKY, NEW YORK STATE SUPERINTENDENT OF FINANCIAL SERVICES (ENGLISH) SAYING: I mean, I think, look, I think we have that problem now bitcoin exists. People are doing bitcoin transactions today and money laundering is a problem in that area. I think it's getting better and I think with careful regulation that doesn't squelch the development of this very powerful new technology, but enough regulation to ensure that we're preventing money laundering and putting in enough consumer protections and ensuring that the institutions that are taking fiat currency to convert it into bitcoin don't collapse upon themselves like we saw with Mount Cox, if we can do those three things, in a careful regulation that doesn't stifle innovation, I think we could help move virtual currencies in the right direction, which is a direction where people are more likely to engage in that world and the world will develop in a safer and sounder way and we'll see the promotion of all the benefits that virtual currency could have, while at the same time mitigating the potential problems that come along with it. That sounds easy, it's actually not easy to do at all, especially with the new technology that's developing and changing, and I think it's a real challenge for regulators, but they're engaged in a money transmission today, so we have an obligation to act one way or another. It's not about racing to see who goes first. I think it's about setting the rules of the road because this is something that's happening and I think on...
Views: 111 Market Screener
Jeanine Prezioso interviews Benjamin Lawsky - Reuters video
Benjamin Lawsky, New York State's Superintendent of Financial Services, discusses his use of the Dodd Frank law and plans to regulate virtual currencies like Bitcoin, which would make New York the first state to do so.
Views: 369 jcprezioso
Ripple XRP quick thought on why I invested and why I feel they are a solid company with a good plan.
Ripple XRP is transferring money quicker than ever utilizing blockchain technology and it is a great buy right now!
Views: 31 Tysan McClusky
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