bitcoin

More Wells Fargo clawbacks; blockchain hype tempered

04/11/17

Directors take back $75 million more from two former executives and release scathing report on bank's fake accounts scandal; UBS executive sees decade-long wait for transformation.

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Remittance startup uses bitcoin as a bridge between bank accounts

04/07/17

A new company, bridge21, says it is using bitcoin to allow users to send money from the United States to Mexico at better rates than traditional payments companies.

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Crypto exchange ShapeShift raises $10.4M for growth

03/29/17

The exchange, founded by a bitcoin pioneer in 2014, is facilitating more than $50 million worth of transactions each month, as the "gold rush" in blockchain-based assets takes hold.

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SEC rejects another bitcoin ETF; Mixed day for Wells

03/29/17

Digital currency proponents now pin their hopes on a bitcoin futures contract; bank reaches $110 million settlement with customers over phony accounts but gets "needs to improve" CRA rating.

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Cheat sheet: Radical visions of central bank-issued digital currencies

03/14/17

If the Federal Reserve and other central banks began issuing their own digital currencies, they could benefit consumers, boost the economy and fight financial crime. But not without risks to cybersecurity, individual privacy — and possibly bank profits.

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SEC rejects Winklevoss ETF proposal

03/10/17

U.S. regulators rejected an exchange-traded fund based on bitcoin, wiping out weeks of gains for the digital currency as investors speculated the Securities and Exchange Commission would approve the security.

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Are crypto ‘tokens’ securities by another name?

03/09/17

The question is more than academic. At stake is the role blockchain technology can play in lowering the costs of raising money.

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Bitcoin vs. Ethereum may be a zero-sum game

03/07/17

The two leading contenders vying for the cryptocurrency crown both have serious backing, but the technology is still developing and the endgame is still a ways away.

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Breaking Banks: Blockchain's strides hearten bankers, frustrate purists

03/03/17

Banks have signaled bullishness for blockchain tech. But some say ignorance is leading to ill-informed choices.

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Wells faces investor rebellion; Bitcoin strikes gold

03/03/17

Some of the bank's large institutional investors say it hasn't done enough following the scandal; digital currency tops bullion price for first time.

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