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| G20 agrees to 'monitor' cryptocurrencies but no action yet They also welcomed new standards to be proposed by the Financial Action Task Force (FATF), a 37-nation group set up in Paris by the G7 industrial powers to fight financial crime. One reason for the G20's inaction is that they see cryptocurrencies as too small to jeopardize financial markets.
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| Millennial Investors Cause Shakeup in Traditional Wealth Management At the same time, the millennial segment is increasing their impact across all financial services products as they age and garner more income and wealth. While still in the early years of wealth accumulation, the size of the segment makes them important to the banking industry. According to Deloitte ...
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