5 things JPM Coin will do for banking and blockchain
JPMorgan's blockchain effort could lead to solutions that overcome industry skepticism and regulatory concerns and perhaps attract more mainstream retail interest. ... Read full article
JPMorgan's blockchain effort could lead to solutions that overcome industry skepticism and regulatory concerns and perhaps attract more mainstream retail interest. ... Read full article
Barclays, Bank of America, TD Bank and other banks have filed multiple blockchain patents over the years, but have yet to publicly announce their plans for the technology. ... Read full article
Undercover cops arrested a Miami Beach man for trying to sell bitcoin for dollars. Carlton Fields attorney Matthew Kohen explains what the case means to banks. ... Read full article
The company protects digital assets with hardware-based security, biometrics and quorums. Hedge funds are already signing on. ... Read full article
As a growing number of cryptocurrency ventures struggle for funding, cut staff or shut down, all is well in one small corner of the industry: lending. ... Read full article
More traditional players interested in creating a safer market for digital assets have issued a checklist that cryptocurrency firms can follow to build confidence among banks, consumers and regulators. ... Read full article
Expected weaker fundamentals, stock buybacks and higher interest rates all to blame; firms are downsizing as bitcoin prices crash. ... Read full article
Trustology protects private keys to digital assets the way parking valets look after car keys. ... Read full article
To convince skeptical bankers about the benefits of distributed ledger technology, some suggest it needs to be separated from the volatile digital currency it underlies. ... Read full article
Miners of the digital currency are losing interest, which could lead to more price declines; scandal-scarred banks among those that endorse Principles for Responsible Banking. ... Read full article
Cash-outs accounted for 80% of mortgage refinances in the third quarter; state will accept bitcoin for business tax payments. ... Read full article
While JPM won't by the first to offer tap to pay, others may follow; cryptocurrency drops to lowest level of the year. ... Read full article
Policymakers and industry officials should join forces in creating regulations and standards for cryptocurrencies, artificial intelligence and other innovations before they become more widespread. ... Read full article
The credit card company's filings mirror patents Bank of America, Barclays and TD Bank have submitted in the past two years that focus on how funds transfers and data security would augment blockchain technology. ... Read full article
The approval marks the New York’s bank regulator 12th license to a crypto-related business. ... Read full article
Regional lenders would be subject to less regulation while the biggest banks would see no change; the insurance giant got hit with claims from several large natural catastrophes. ... Read full article
The bank, one of the few that do business with digital currency exchanges like Coinbase, has developed methods for monitoring all customers’ digital currency purchases. ... Read full article
The idea of digitizing cashiers' checks is likely to meet resistance, but the Swiss startup says at least two U.S. banks are already showing interest. ... Read full article
One U.K. fintech hopes its cryptocurrency-based prepaid debit card will gain traction with bitcoin and ether enthusiasts here. ... Read full article
The New York bank, which reported a 25% increase in third-quarter earnings Thursday, recently began serving digital-asset companies and private equity firms. ... Read full article