Distributed ledger technology

How cryptocurrency is changing the movement of money


Olaf Carlson-Wee, founder and CEO of the cryptocurrency hedge fund Polychain Capital, discusses which digital currencies and blockchain technologies are reshaping payments and which are “nonsense projects.”


National banks may process stablecoin payments, OCC says


The digital currency and related distributed-ledger technologies could "enhance the efficiency, effectiveness and stability of the provision of payments," according to an interpretive letter issued by the Office of the Comptroller of the Currency.


Avanti got a bank charter. Here’s what's next on its agenda.


Founder Caitlin Long says the blockchain bank plans to issue a virtual currency and help hedge funds and family offices trade digital assets now that it has a special-purpose banking charter in Wyoming.


JPMorgan Chase reorganizes blockchain units


After selling the rights to its Ethereum-based technology, the bank is rebranding a venture related to cross-border payments and creating a new umbrella group to oversee all blockchain-related efforts.


BofA adapting consumer tech for use with corporate clients


Bank of America is applying a familiar arsenal — including APIs and its popular virtual assistant, Erica — to online business banking, cross-border payments and cash management in an effort to modernize those services.


ConsenSys acquires JPMorgan’s Quorum blockchain technology


The bank will outsource future development of Quorum to the software firm.


Mike Cagney launches blockchain for loan trading. Will banks go for it?


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 to see their data.


OCC weighing major changes to its technology framework


The agency sought industry feedback on a host of potential changes to ensure that rules are “sufficiently flexible and clear in light of the technological advances that have transformed the financial industry over the past two decades."


A blockchain breakthrough at Credit Suisse. Will other banks follow?


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.


Bitcoin, despite its ups and downs, had a monster decade of growth


The largest digital token has posted gains of more than 9,000,000% since July 2010, according to data compiled by Bloomberg.