Crypto’s Rapid Move Into Banking Elicits Alarm in Washington
Die Kryptowährungen drohen das Geschäftsmodell von Banken und Zentralbanken durcheinander zu bringen. BlockFi an vorderer Stelle
Ihr Geschäft ist aber nicht primär ein Devisenhandel, also Dollars zu Bitcoins und umgekehrt“We are just at the beginning of this story,” said Flori Marquez, 30, a founder of BlockFi, which was created in 2017 and claims to have more than $10 billion in assets, 850 employees and more than 450,000 retail clients who can obtain loans in minutes, without credit checks.
Das Ganze scheint nun aber ein Ausmass anzunehmen, dass Politiker, Regulatoren und traditionelle Banken nervös werdenIt offers credit cards, loans and interest-generating accounts. But rather than dealing primarily in dollars, BlockFi operates in the rapidly expanding world of digital currencies, one of a new generation of institutions effectively creating an alternative banking system on the frontiers of technology.
But to state and federal regulators and some members of Congress, the entry of crypto into banking is cause for alarm. The technology is disrupting the world of financial services so quickly and unpredictably that regulators are far behind, potentially leaving consumers and financial markets vulnerable.
Hacker und Spekulanten sehen ihre ChancenIn recent months, top officials from the Federal Reserve and other banking regulators have urgently begun what they are calling a “crypto sprint” to try to catch up with the rapid changes and figure out how to curb the potential dangers from an emerging industry whose short history has been marked as much by high-stakes speculation as by technological advances.
Die Meinung der Senatorin Elizabeth WarrenBlockFi has already been targeted by regulators in five states that have accused it of violating local securities laws.
Regulators’ worries reach to even more experimental offerings by outfits like PancakeSwap, whose “syrup pools” boast that users can earn up to 91 percent annual return on crypto deposits.
Wie lange es wohl noch geht, bis die ersten Firmen die Löhne in einer Kryptowährungs auszahlen?“Crypto is the new shadow bank,” Ms. Warren said in an interview. “It provides many of the same services, but without the consumer protections or financial stability that back up the traditional system.”
“It’s like spinning straw into gold,” she added.
Im übrigen ist ein Gedanke der Zentralbankem, eine eigene Kryptowährung herauszugeben, mit einer fsten Bindunfg an die Landeswährunge
In der Schweiz der Frankrüp ?Treasury Secretary Janet L. Yellen and Jerome H. Powell, the chair of the Federal Reserve, have also voiced concerns, even as the Fed and other central banks study whether to issue digital currencies of their own.
Mr. Powell has pointed to the proliferation of so-called stablecoins, digital currencies whose value is typically pegged to the dollar and are frequently used in digital money transfers and other transactions like lending.