Brian Patrick Eha

Banks' embrace of open-source development could eventually go beyond creating tools and apps — to something far more radical.

The famed investment bank is set to become the first major Wall Street bank to make markets in digital currencies such as bitcoin.

The blockchain startup continues to pack its board with mainstream finance experts.

With Wall Street on board, investors look to spend coins on real estate or through bitcoin debit cards.

Rather than forming a consortium of peers to investigate blockchain technology, as many banks have done, one of the world's largest asset managers is acting on its own.

Tether's $31 million hack gave bitcoin skeptics plenty to crow about. But experts say bad security is to blame, not digital assets.

The CFTC's greenlighting of bitcoin futures could open the floodgates for Wall Street, and digital-asset die-hards see a plot to take control.

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

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

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

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 technology commercially viable.

Add MUFG Union to the roster of traditional banks launching a digital division that aims to grab deposits. PurePoint is going up against some more established competitors who are evolving their strategies.

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.

As more startups turn to initial coin offerings to raise capital, financial institutions will seek reassurance that their blockchain and other fintech partners are aboveboard.

Metronome, the brainchild of Jeff Garzik, may appeal to banks as the world's first "cross-chain" cryptocurrency.

Trading on Friday afternoon pushed the cryptocurrency's market capitalization above $100 billion for the first time ever.

Sir Tim Berners-Lee, creator of the World Wide Web, exhorted developers to think about unintended consequences, saying he felt guilty over the digital divide and the proliferation of fake news.

Fee income also surged as the San Francisco bank reached the $100 billion mark in wealth management assets.

Bankers need to set aside their post-crisis aversion to risk, recapture some of the magic they once practiced as innovators, fear fintechs less, and worry about the Googles and Amazons more, says Peter Memon, a bank IT veteran turned global consultant.

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