Banks Warned on Crypto-Asset Exposures
The Basel Committee on Banking Supervision said cryptocurrencies pose a litany of risks for banks, and any material holdings need to be publicly disclosed.
2019: The End of the Beginning for Blockchain?
The lofty promises of instant riches through crypto have fallen short, but the market will be better as it works through an evolutionary stage.
SEC Halts Trading in Bitcoin Tracking Products
The SEC's move highlights its "strict stance against letting ETFs tracking bitcoin and other cryptocurrencies come to market."
SEC Deals Another Setback for Bitcoin ETF
Backers of the first-ever bitcoin-related ETF have not been able to assuage SEC concerns over bitcoin fraud and price manipulation.
Central Bankers Find Flaws in Cryptocurrencies
The Bank for International Settlements says the "decentralized technology of cryptocurrencies is a poor substitute" for money backed by central banks.
New York Grants BitLicense to Square
Twitter CEO Jack Dorsey, who founded the company, said he was a "huge fan" of bitcoin but the move was contentious internally.
MoneyGram to Test Payments With XRP Coins
The money transfer giant is partnering with XRP owner Ripple, which is betting digital currency will be used as a form of bridge funding.
Lenders Now Taking Bitcoin As Collateral
Firms are providing a 'bridge to liquidity' for investors and businesses by originating loans secured by the cryptocurrency.
SEC Accountants Voice Resource Constraints
The 50 employees at the Securities and Exchange Commission’s office of the chief accountant try to keep up with technology changes like bitcoin.
Exchanges Get Green Light for Bitcoin Futures
Bitcoin futures are “a potentially huge step in the evolution of the digital currency, making trading bitcoin easier" for banks and investors.
Bitcoin Trader Accused of $600K Ponzi Scam
Nicholas Gelfman allegedly solicited investors with false claims that he would generate a 7% to 9% monthly return from a fund for trading Bitcoin.