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Reps grill Facebook exec on Libra crypto plans
Facebook’s planned virtual currency will serve underbanked consumers and foster more efficiency in transactions, according to the head of Facebook subsidiary Calibra, Inc., but legislators...
Rules on recordkeeping, joint account determinations amended
The FDIC has amended its deposit insurance regulations to create an alternative way to show joint ownership of a deposit account and make it easier for financial institutions to comply with a...
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