News Topic: Cryptocurrencies

Prosecutors are unlikely to buy Goldman's rogue banker defense, observers say; survey predicts recession within two years. ... Read full article

Ripple Labs Inc., the blockchain startup whose digital money is often used as a proxy for other cryptocurrency payments, is gaining new customers because financial firms are seeking faster, more up-to-date technology than the Swift banking network, Chief ... Read full article

A new group aims to foster collaboration between fintechs and state and federal officials in the fight against crime — without hindering legitimate business innovation. ... Read full article

The former Goldman CEO is said to be the unnamed executive at a meeting with Asian financier; the bank faces multibillion-dollar penalties in two countries. ... 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

Barclays’ common equity tier 1 ratio is the lowest among those banks tested; the $30 million investment is the bank’s first foreign effort in its “Advancing Cities” program. ... Read full article

Readers respond to an FTC settlement with SoFi, weigh calls to simplify Wells Fargo, consider crypto's revolving door and more. ... 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

Several former policymakers have joined virtual currency firms as directors or advisers, but the trend carries risks for officials and consumers alike if these companies stumble. ... Read full article

A definition would give lenders a clearer idea of what practices are off limits; the mutual fund giant will provide the service for institutional clients. ... Read full article

The Senate Banking Committee's latest hearing offers some clues. ... Read full article

Profits at big banks should be solid if not spectacular; the Vermont senator proposes a hard cap on assets held by the biggest banks. ... Read full article

Shamir Karkal said his startup will allow fintechs to develop ACH processing for their companies without having to partner with banks. ... Read full article

Otting says the bank is not moving fast enough to repay customers who were unfairly sold auto insurance; lack of regulation lets traders use software to move prices. ... Read full article

The central bank is mulling measures to broaden the number of banks receiving reg relief; Lisa Stevens was a top deputy to the former retail chief during the phony accounts scandal. ... Read full article

Trading floor layoffs may be ahead as revenue declines; Goldman Sachs to expand its consumer bank to the U.K., ... Read full article

Large retailers want the right to reject rewards cards at the point of sale to avoid higher swipe fees; Germany's financial regulator appoints an auditor to monitor the Deutsche Bank's progress. ... Read full article