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Ripple Takes Fright at Congressional Pushback on Digital Currencies
In the face of a Congressional onslaught against Facebook and its putative digital currency Libra, Ripple chiefs Brad Garlinghouse and Chris Larsen have penned an open letter to lawmakers urging them not to paint all fiat alternatives with the same brush.
- Categories
- Finance, Technology
- Region
- North America
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White House Names Intended Nominee for Top Job at New US DFI
Boehler, who is a relative unknown to the development community, has been serving as the director of the Center for Medicare and Medicaid Innovation and is a senior adviser to the secretary of the Department of Health and Human Services.
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- Finance
- Region
- North America
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Ethic Picks Up New $13 Million Series A Funding
With the growth of sustainable investing — the U.S. Forum for Sustainable and Responsible Investing said strategies grew 38% from 2016 to 2018, to $12 trillion in assets — Lipman sees environmental, social and governance investing mimicking the growth of ETF investing a decade ago.
- Categories
- Investing
- Region
- North America
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Viewpoint: Opportunity Zones Can Drive Development Of US Renewable Energy
Opportunity Zones give both individuals and corporations the chance to re-invest existing capital gains into Qualified Opportunity Zone Funds (“QOFs”) in order to receive tax breaks for helping fund investment in impoverished areas.
- Region
- North America
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Viewpoint: Treasury Risks Dropping the Ball on Opportunity Zones Accountability
The die will be cast when the Treasury Department releases final regulations governing Opportunity Zones. It’s up to Treasury to weigh these risks against the potential returns for our communities.
- Categories
- Investing
- Region
- North America
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Mastercard Debuts Card to Act as ID, Payment for Underserved
Members of underserved populations don’t always have credit cards. City Key is Mastercard’s effort to help cities distribute services and benefits by creating a tool that can act as an ID, payment card or access pass.
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- Finance
- Region
- North America
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White House Touts Help For Poor Areas — But Questions Endure Over Who’ll Benefit
Smith, who helps lead the White House efforts on the zones and other domestic policy matters, told NPR that the zones help cities and towns draw on private-sector investment in an innovative way. But the federal law does not specify how those funds should be used; investors might build affordable housing — or they might build high-end apartment buildings.
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- Finance
- Region
- North America
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Viewpoint: Are Big Banks Really Serving Cash-Strapped Americans?
Overdraft “protection” can feel like a misnomer, as anyone who has ever been charged an overdraft fee — or a collection of them — knows. “Violation” would be a more appropriate term in many cases.
- Categories
- Finance
- Region
- North America
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