News Topic: bitcoin

The central bank is beginning to consider the possibility of a “digital dollar,” which will foster more efficient and transparent payments. ... Read full article

Sen. Mark Warner, D-Va., said Tuesday that policymakers need to take a hard look at cryptocurrencies. Senate Banking Chairman Mike Crapo agreed the issue was ripe for a hearing. ... Read full article

Jamie Dimon, the JPMorgan Chase chief executive officer who earlier called the cryptocurrency a "fraud," said Tuesday he wishes he hadn't dismissed the technology in such broad terms. ... Read full article

Readers react to President Trump considering a credit union regulator to head of the Consumer Financial Protection Bureau, debate a delay for top banking nominees, opine on the value of blockchain, and more. ... Read full article

Agency plans to address issues and regulation of cybercurrencies; OCC says the bank failed to fix problems cited in a 2012 consent order. ... Read full article

Billionaire’s bid to buy MoneyGram is his latest setback trying to crack the U.S. market; banks want to stick with FICO while nonbanks want to use VantageScore. ... Read full article

The stratospheric rise of bitcoin, Ethereum, XRP and other cryptocurrencies in recent months may be only the beginning. ... Read full article

The two payments companies failed to win U.S. government approval for their merger; the head of the Senate Finance Committee says he will leave when his term ends. ... Read full article

After 10 years of development, nobody has come up with a use for blockchain that has been widely adopted. ... Read full article

But bank will benefit long-term from tax reform; judge says accounting firm failed to detect mortgage fraud that did in Colonial Bank. ... Read full article

With so much uncertainty, the only thing that's clear is how different the sector may look a year from now. Here's an overview of the leading trends in technology that will impact banking in 2018. ... Read full article

Banks plan to spend more on blockchain and AI in the coming year, and appear willing to explore new technology partnerships. ... Read full article

Is it a bubble? Is it a fraud? There are many ways to look at the highly volatile bitcoin, few of them banker-friendly. ... Read full article

Bank allegedly “seriously breached” anti-money laundering rules; mortgage agencies will be permitted to retain $3 billion capital buffer. ... Read full article

The famed investment bank is set to become the first major Wall Street bank to make markets in digital currencies such as bitcoin. ... Read full article

The $50 billion threshold replaced by a formula, but bill must be reconciled with Senate version; Fed, FDIC say the eight big banks still have work to do. ... Read full article

This year has been very good to regional banks, bitcoin investors and several bank CEOs who pulled off big deals or successfully refined business models. ... Read full article

Mary Mack adds mortgage and auto units to her already large portfolio; futures price dips but volume up compared to Cboe’s first day of trading. ... Read full article