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Treasury’s Office of the Comptroller of the Currency found that underwriting standards have eased thanks to an increased appetite for creditrisk, increased competition and an overall perception of improved economic circumstances. Commercial real estate (CRE) loans, however, continued to strengthen. Amid these fluctuations, the U.S.
Most of that spend will be concentrated in the U.S., with supporting use cases mostly related to financial services and cross-border settlement, for a grand total of $242 million in 2018. In January, the International Data Corporation (IDC) reported worldwide spending on blockchain solutions would increase to $2.1 billion by 2021.
No individual agency controls blockchain-based financial networks, and it’s hard to enforce adherence to money laundering legislation. and abroad have concentrated on bitcoin exchanges that facilitate trading, enabling law enforcement to follow the money via the blockchain network's open payment ledger. These are very real risks.”.
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