News Topic: Blockchain

Borrowing from the startup world and some popular TV shows, Citigroup is encouraging employees to pitch innovative ideas to a panel of senior execs who could give them the green light to start work. ... Read full article

Bank ponders assisting customers trading digital currency futures; banks still face challenges despite a good third quarter. ... Read full article

The digital-currency startup, which markets software to banks, appears keen to signal that it wants to play by the rules. ... Read full article

The startup is betting that a venture offering safe storage of digital assets will entice billions from banks and other institutional investors. ... Read full article

Michael Lewis calls it a "pump-and-dump" scheme. Liz Ann Sonders says it's "the next kale." Should clients invest in cryptocurrencies? ... Read full article

The federal banking regulators should create a working group that, rather than propose new rules and regulations, would clarify the application of existing rules to blockchain technology. ... Read full article

Brian Behlendorf, leader of the Linux Foundation's effort to establish standards for blockchain, likens the invention of cryptocurrencies to the moon launch and says banks, open-source developers and others are working to make the underlying ... Read full article

During his time as Fed governor, Chair-designate Jerome Powell has outlined his views on a host of bank regulatory matters, including the need for regulatory relief, the push for housing finance reform, blockchain and much more. ... Read full article

Rule that would have made it easier for banks to be sued is repealed; a survey says the technology isn’t a priority for bank CIOs. ... Read full article

CME Group plans to offer bitcoin futures contracts by yearend, a sign that financial institutions may be getting ready to trade financial products tied to digital currencies. ... Read full article

Marco Abele and Oliver Bussmann are launching a blockchain that will let affluent people co-own horses, vineyards, paintings and other high-end items. ... Read full article

As more startups turn to ICOs to raise capital, financial institutions will seek reassurance that their blockchain and other fintech partners are aboveboard. ... Read full article

The bank consortium is going directly after the business of its former partner Ripple in the middle of their legal battle over an option for digital currency worth $1 billion. ... Read full article

Calls for less reliance on credit bureaus and Social Security numbers for verification are leading many to envision a future of identity on a distributed ledger. ... Read full article

Metronome, the brainchild of Jeff Garzik, may appeal to banks as the world's first 'cross-chain' cryptocurrency. ... Read full article

Trading on Friday afternoon pushed the cryptocurrency's market capitalization above $100 billion for the first time ever. ... Read full article

Sir Tim Berners-Lee, creator of the World Wide Web, exhorted developers to think about unintended consequences, saying he felt guilty over the digital divide and the proliferation of fake news. ... Read full article

JPM chief says digital currency “has no actual value,” but likes the blockchain technology behind it; lender will wait until “the time is right” before re-applying. ... Read full article