Public blockchains such as those that underpin cryptocurrencies like bitcoin are most at risk because anyone can participate. (Dan Kitwood/Getty Images file photo)
Disagreements over common terms and jargon are dominating the world of fintech. (Lidiia Moor/iStock)
A core challenge when it comes to fintech is the so-called blurred lines — when the definition of a word invokes different answers. The biggest blurring of all happens with the concept of decentralization — what it means, what it looks like, and why regulators care.
Chris Brummer (left) of Fintech Beat interviews CFTC Chairman Christopher Giancarlo in Washington. (Jinitzail Hernández/CQ Roll Call)
Whether you’re paying a friend for drinks on Venmo or logging in to your online banking, you’ve probably engaged with fintech.
(Bill Clark/CQ Roll Call File Photo)
Sen. Joe Manchin III is calling on federal securities regulators to prohibit the virtual currency known as Bitcoin.
The West Virginia Democrat expressed his concerns about the virtual currency in a letter sent to Treasury Secretary Jacob J. Lew and several other key federal officials.