News Topic: Digital currencies

Japan’s bitFlyer is expanding to the American market, even as U.S. banks remain wary of cryptocurrencies. ... Read full article

Judge says he will move quickly on who should head the agency; group allegedly overcharged hundreds of clients. ... 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

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

The speculation around bitcoin is the "very definition of a bubble," Credit Suisse Chief Executive Officer Tidjane Thiam said as the currency exceeded $7,000 for the first time. ... 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

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

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. ... Read full article

Royal Bank of Canada's David McKay said he has "real concerns" about bitcoin. But unlike JPMorgan Chase's Jamie Dimon, fraud isn't one of them. ... Read full article

JPMorgan Chase joined Wall Street rivals in expressing a willingness to get involved with cryptocurrencies like bitcoin, which surged to a record on Thursday. ... Read full article

Designed to compete with Swift, Ripple announced several new customers Tuesday. The startup says its software allows banks and others to send cross-border payments more quickly, transparently and cheaply. ... Read full article

The comments by JPMorgan Chase CEO Jamie Dimon on bitcoin demonstrate a distinct lack of understanding of the reality that the virtual currency has an incredible value proposition. ... Read full article

While some aspects of the plan would hurt, lower corporate tax rate would increase bank earnings; Wall Street firm thinks the majority of its clients prefer human advisers. ... Read full article

Under Diane Morais, Ally Bank is growing deposits at a rate four times faster than the industry average. ... Read full article

Did hackers access the credit bureau's computers two months earlier than the company first thought?; the Fed's decision to start unwinding its balance sheet should raise rates and boost bank profits. ... Read full article

Company is third fintech firm in the past few months to seek its own bank charter; vice chair’s departure gives Trump four vacancies to fill on the Federal Reserve Board. ... Read full article