News Topic: bitcoin

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Visa Inc. said its payments network will use a stablecoin backed by the U.S. dollar to settle transactions, as blockchain technology gains more acceptance in the established financial system. ]] ... Read full article

Democratic leaders are encouraging the Federal Reserve to develop its own digital currency to expand financial services access. Chair Jerome Powell indicated the central bank plans to take a methodical approach. ]] ... Read full article

The overwhelming success of Square’s bitcoin trading service creates new opportunities for its bank to work with underserved markets. ... Read full article

The fintech that gave life to the mobile point of sale market is seeing that business overshadowed by the ever-rising popularity of cryptocurrency. ... Read full article

Citing strong client demand, the nation's largest custody bank is building infrastructure and a team that can help clients store and manage bitcoin and many other types of virtual currency and tokenized assets. ... Read full article

The trust bank and the credit card company said they'll make it easier for customers to use cryptocurrencies. The announcements contributed to another jump in the price of the largest digital asset. ... Read full article

Bitcoin is inherently risky and only central banks should issue digital currencies, according to the Bank for International Settlements. ... Read full article

Felix Todd, formerly of Regions Financial, says "the excitement is authentic" at the New York community development bank, which has a reputation for being both innovative and purpose-driven. ... Read full article

Silvergate and Avanti are among the banks pioneering the incorporation of smart contracts, cryptocurrencies and other cutting-edge instruments into mainstream financial services. ... Read full article

They're among a handful of companies willing to hold clients' digital assets for safekeeping. Many of their peers balk at the reputational and financial risks. ... Read full article

The community bank and fintech are offering the first live bank account and debit card that offer rewards in the form of bitcoin. ... Read full article

The new service from the Boston-based asset manager comes at a time of soaring price increases for the world's most valuable digital asset. ... Read full article

Sells, American Banker's Digital Banker of the Year for 2020, says he will help the New York fintech startup create digital currency products for banks. ... Read full article