Without much fanfare, the Financial Crimes Enforcement Network (FinCEN), a bureau of the Treasury Department, issued a guidance on convertible virtual currencies (CVC) such as Bitcoin to help “financial institutions, law enforcement, and regulators” get a grip on the “multiple variations of businesses dealing in CVCs.” The guidance is a reminder to firms of their… Read More >>
Deutsche Börse Taps UniCredit Bank for Next CEO
New Deutsche Börse CEO to Serve for Three Years The next CEO for the Deutsche Börse will be Theodor Weimer from UniCredit Bank who will serve for three years, starting Jan. 1, 2018, according to the supervisory board of the exchanges and clearing company. The 57-year-old Weimer “will take over from CEO Carsten Kengeter who… Read More >>