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Senator to launch Financial Innovation Caucus to educate lawmakers on crypto
2/2/21 Cointelegraph

Senator to launch Financial Innovation Caucus to educate lawmakers on crypto

Senator Cynthia Lummis, the first senator in the history of the United States to own Bitcoin, has revealed plans to launch a Financial Innovation Caucus to educate her fellow senators on cryptocurrency and digital assets.

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Alibaba promises cooperation with antitrust probe, Ant Group rectification plan as quarterly revenue rises 37 per cent
2/2/21 South China Morning Post

Alibaba promises cooperation with antitrust probe, Ant Group rectification plan as quarterly revenue rises 37 per cent

Alibaba Group Holding reported a 37 per cent surge in revenue for the quarter ended December, boosted by its extended Singles’ Day campaign last year, as the e-commerce giant pursues closer cooperation with Chinese authorities in their investigation of its alleged monopolistic practices.

Wilkinson Building
Fintech Stories to Watch in 2021
1/11/21 Financial Times

Fintech Stories to Watch in 2021

While many firms will be hoping the new year marks the start of a calmer period after a rollercoaster 2020, beneficiaries of the tumult are trying to consolidate their gains. Here are some of the key fintech stories FT reports will be watching as we head into 2021.

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Federally Chartered Banks and Thrifts May Participate in Independent Node Verification Networks and Use Stablecoins for Payment Activities
1/4/21 Office of the Comptroller of the Currency

Federally Chartered Banks and Thrifts May Participate in Independent Node Verification Networks and Use Stablecoins for Payment Activities

The Office of the Comptroller of the Currency (OCC) today published a letter clarifying national banks’ and federal savings associations’ authority to participate in independent node verification networks (INVN) and use stablecoins to conduct payment activities and other bank-permissible functions.