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U.S. Regulations to Consider When Managing a Cryptocurrency Fund

Perficient

However, in this blog, we will discuss the regulatory landscape surrounding cryptocurrency from an asset manager or fund manager perspective. New York’s BitLicense requirement therefore applies to investment managers who issue digital coins or otherwise act as an exchange platform regardless of where the buyers are located.

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Time Tried, Panic Tested. The Forgotten Story of the First National Bank of Keystone

Jeff For Banks

September 1st, 1999, regulators from the Federal Deposit Insurance Corp, at the behest of the Office of the Comptroller of the Currency, descended on a small coal mining town in Keystone, West Virginia. The bank, First National Bank of Keystone, was $1.1 She effectively ran the bank and its operations. billion in assets.

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Pier 1 Plans Sale As It Goes Bankrupt

PYMNTS

Bankruptcy Court in Richmond, Virginia. The company expects to operate its business in the normal course during this process,” Pier 1 said in its statement. Wells Fargo National Association and Pathlight Capital LP will allow the company to operate while finalizing sales. million and listed total debt of $258.3

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Power Appointments At TNS

PYMNTS

John Tait will assume the position of Managing Director of TNS’ Payments Division for the Asia Pacific region. Zirkel will be based in Reston, Virginia and Tait will be based in Sydney, Australia. Zirkel was the Chief Operating Officer of TabbedOut before joining TNS, a mobile payment app with CRM features for bars and restaurants.

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A Year After Lyft’s Billionth Ride, The Industry Weathers Big Challenges

PYMNTS

The story for the ride-hailing operation back then was about moving into new markets — not only new geographies but newer forms of transportation such as scooters — and having all that action fuel continued growth. Optimism can be so fleeting and fragile, especially when it comes to revenue, growth and profit.

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Regulation and Compliance: Ready for Review

Independent Banker

As David Barr, spokesperson for the FDIC, points out, “a vast majority of community banks remain well-rated and exhibit satisfactory corporate governance programs and compliance management systems.”. increased operational risks. We expect our examiners to challenge imprudent risk-management practices as warranted,” Barr says.

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Disrupting The Security Deposit With Insurance

PYMNTS

Moreover, Joe Ben-Zvi, managing director of TheGuarantors, told PYMNTS in an email that an insurance product is ultimately better protection for a landlord in case of damage. Now I’m in a whole different realm,” said Charles Tassell, chief operating officer of the National Real Estate Investors Association.

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