Cryptocurrencies

JPMorgan said to weigh offering CME bitcoin futures to clients

11/21/17

Bitcoin’s eight-fold surge in value this year is forcing Wall Street banks to balance clients’ interest in speculating on the cryptocurrency with executives’ skepticism about its future.

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Ripple adds former NYDFS head to board of directors

11/21/17

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

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Hackers steal $31M of the cryptocurrency tether

11/21/17

The incident will fuel the debate on Wall Street over whether digital coins are secure enough to enter the mainstream of finance.

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Coinbase positions itself as a digital currency custodian

11/17/17

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

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Executives debate: Is bitcoin ‘the next kale’?

11/17/17

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

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Massive Ethereum breach spells opportunity for banks

11/13/17

When a coder locked $150 million of digital currency stored in Parity digital wallets last week, many bankers probably saw it as another reason to ignore cryptocurrencies. Instead they should recognize the business opportunity (key custody) that the incident presents.

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Bitcoin moves toward financial mainstream with futures contracts

11/01/17

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.

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Jamie Dimon is right about cryptocurrencies

10/20/17

Cryptocurrencies will not gain widespread traction with corporations and governments as long as there remain crucial questions about their volatility, risk, volume and shadowy affiliations.

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Dimon will lose in cryptorevolution, ex-Fortress exec Novogratz says

10/13/17

"Jamie Dimon gets paid to worry about bitcoin because he's a rent-taker," said Mike Novogratz, a former principal and macro fund manager at Fortress Investment Group. "The decentralized revolution is about going after the rent-takers."

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Can a blockchain tech revolutionize corporate deposits?

10/13/17

Credit Suisse, State Street and several other banks are experimenting with a blockchain technology that could allow them to make corporate deposits more affordable to hold on their books.

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