Digital currencies

Zuckerberg tries to distance Facebook from Libra effort

10/22/19

With the social media giant under heavy scrutiny for its cryptocurrency plan, the company's CEO plans to tell lawmakers that the Libra Association will take the lead.

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Dimon says Libra 'will never happen'

10/18/19

The JPMorgan Chase CEO called Facebook's cryptocurrency project a "neat idea" but added his name to the list of industry leaders and policymakers skeptical about the plan.

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CECL delay won’t end opposition; Positive side of BofA’s results

10/17/19

The banking industry will continue its fight against the credit-loss rule; the bank posted gains in consumer, wealth management and commercial lending.

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'I don't think we can ignore digital currency'

10/15/19

Banks shouldn't let the legal and regulatory hurdles deter them, attorney Felix Shipkevich says.

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Experimenting with digital currencies; Questioning SOFR

09/24/19

Some countries are toying with digitizing their currencies; NY Fed chief defends SOFR despite recent concerns about repo market volatility.

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Why Wells Fargo is jumping on the digital currency bandwagon

09/17/19

It's not a reaction to JPM Coin, the banks says, but a way to speed up international payments for corporate clients.

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Zelle founder to helm Ripple rival Interstellar

09/12/19

The creator of Zelle precursor clearXchange is heading a company building a blockchain-based international payment technology for banks.

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Cryptocurrency AML software vendor Elliptic gets $23 million in funding

09/04/19

The company sees increasing consumer demand for cryptocurrency, especially in Asia, and gradual acceptance among financial institutions.

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Beware the privacy risks that come with a crypto venture

08/19/19

The Financial Action Task Force’s recent guidance on data privacy regulations should serve as a warning to companies planning to test virtual currencies.

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Crypto holds public promise and potential for danger: Senators

07/30/19

Two weeks after lawmakers grilled a Facebook exec over Libra, they acknowledged benefits from digital currency technology while warning of the risks.

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