Employees in the financial industry and public sector are considerably more worried about the risks posed by digital currency than those in the cryptocurrency field, a new survey finds. ... Read full article
The company, which left New York in 2015 to avoid its regulations on virtual currencies, has found a more welcoming state. ... Read full article
In a sharp escalation of the battle over the future of the dual banking system, the acting chief of the Office of the Comptroller of the Currency suggested that states should defer to federal authority in supervising global money transmitters. ... Read full article
Caitlin Long, a former Morgan Stanley and Credit Suisse managing director, is starting a special-purpose depository institution that will provide payment and custody services to institutional investors and corporate treasurers. ... Read full article
The OCC’s efforts to bring the technology into the financial mainstream could help people in underserved communities more securely execute payments. ... Read full article
The bank will outsource future development of Quorum to the software firm. ... Read full article
The former SoFi chief’s latest startup, Figure, has created what it says is a transparent marketplace for buying and selling assets. Some banks have embraced the technology, but other blockchain projects have stalled because lenders don't want rivals ... Read full article
Major payment companies have long looked on at cryptocurrencies as too risky to touch, but too tempting to ignore. Mastercard's latest move indicates that the card brands are ready to make a firm pitch for crypto spending. ... Read full article
An innovative approach to settling trades pioneered by the bank and the tech firm Paxos Trust could start a wave of real-life use of distributed ledgers on Wall Street. ... Read full article
The Treasury secretary’s recent Senate testimony coming down on cryptocurrencies is misguided. Regulations should require building better blockchain technology at the banks. ... Read full article
Four Chinese military members charged with stealing data of 150 million Americans; fintech can use deposit insurance, a step toward a full bank charter. ... Read full article
A seasoned investor in startups offers his top predictions for the coming decade. Among them: Big tech firms will become big players in financial services. ... Read full article
The largest digital token has posted gains of more than 9,000,000% since July 2010, according to data compiled by Bloomberg. ... Read full article
The bank sees digital assets as part of the future and "we want to be there when this happens," says Ralph Achkar, head of digital product development and innovation. ... Read full article
A new system uses biometrics and distributed ledger technology to safeguard call centers from identity theft attacks. ... Read full article
The SoFi co-founder said Figure Technologies is working with national banks to employ its distributed ledger tech for loan originations. ... Read full article
JPMorgan Chase & Co.’s blockchain-based information network for payments is drawing the greatest interest in Japan, a country long blamed for weak measures against money laundering. ... Read full article
It’s been a bumpy decade for crypto and blockchain, but both are here to stay. ... Read full article
Caitlin Long, member of the Wyoming Blockchain Task Force, explains why the state has enacted 13 blockchain laws and what they mean for fintechs and banks. ... Read full article
A digital currency firm has been accused of recruiting actors to pretend to be Comerica and Mastercard employees, writing a fake prospectus and taking other steps to make it look like the two U.S. companies were its partners in an investment venture. ... Read full article
