SEC’s Gensler likens stablecoins to 'poker chips’ amid call for tougher crypto regulation

WASHINGTON POST

Securities and Exchange Commission Chairman Gary Gensler is making clear he is no fan of stablecoins, describing the increasingly popular cryptocurrency whose value is frequently pegged to the U.S. dollar as a danger to investors with questionable long-term viability. read more »

JPMorgan faces oil bribery probe in Brazil

REUTERS

Brazilian authorities are investigating whether JPMorgan Chase & Co (JPM.N) played a role in an alleged bribery and money laundering scheme that dated back to 2011 and involved state-run oil company Petrobras, according to documents reviewed by Reuters and two law enforcement sources. read more »