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Visa Inc. said its payments network will use a stablecoin backed by the U.S. dollar to settle transactions, as blockchain technology gains more acceptance in the established financial system.
March 29 -
Democratic leaders are encouraging the Federal Reserve to develop its own digital currency to expand financial services access. Chair Jerome Powell indicated the central bank plans to take a methodical approach.
March 22 -
The overwhelming success of Square’s bitcoin trading service creates new opportunities for its bank to work with underserved markets.
March 2 -
The overwhelming success of Square’s bitcoin trading service creates new opportunities for its bank to work with underserved markets.
March 2 -
The fintech that gave life to the mobile point of sale market is seeing that business overshadowed by the ever-rising popularity of cryptocurrency.
February 24 -
The fintech that gave life to the mobile point of sale market is seeing that business overshadowed by the ever-rising popularity of cryptocurrency.
February 24 -
Citing strong client demand, the nation's largest custody bank is building infrastructure and a team that can help clients store and manage bitcoin and many other types of virtual currency and tokenized assets.
February 23 -
Billionaire Elon Musk defended Tesla Inc.’s $1.5 billion Bitcoin investment on Twitter, calling the cryptocurrency a “less dumb” version of cash.
February 19 -
Miami Mayor Francis Suarez proposed paying municipal workers and collecting taxes in bitcoin, expanding a campaign to promote cryptocurrencies.
February 12 -
The trust bank and the credit card company said they'll make it easier for customers to use cryptocurrencies. The announcements contributed to another jump in the price of the largest digital asset.
February 11 -
In raising the cryptocurrency's profile, the tech celebrity also demonstrated its extreme volatility.
February 10 -
Bitcoin is inherently risky and only central banks should issue digital currencies, according to the Bank for International Settlements.
January 27 -
A new path forward for digital banks and their customers.
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Felix Todd, formerly of Regions Financial, says "the excitement is authentic" at the New York community development bank, which has a reputation for being both innovative and purpose-driven.
January 5 -
Silvergate and Avanti are among the banks pioneering the incorporation of smart contracts, cryptocurrencies and other cutting-edge instruments into mainstream financial services.
January 4 -
They're among a handful of companies willing to hold clients' digital assets for safekeeping. Many of their peers balk at the reputational and financial risks.
December 16 -
The community bank and fintech are offering the first live bank account and debit card that offer rewards in the form of bitcoin.
December 15 -
The new service from the Boston-based asset manager comes at a time of soaring price increases for the world's most valuable digital asset.
December 9 -
Fidelity Digital Assets will allow its institutional customers to pledge bitcoin as collateral against cash loans in a partnership with blockchain startup BlockFi.
December 9 -
Sells, American Banker's Digital Banker of the Year for 2020, says he will help the New York fintech startup create digital currency products for banks.
December 9


![“We have an obligation to be on the cutting edge of understanding the technological challenges, as well as the potential costs and benefits, of issuing a [central bank digital currency],” said Fed Chair Jerome Powell. But, he added, "Because we’re the world’s principal reserve currency, we don't need to rush this project, and we don't need to be first to market.”](https://arizent.brightspotcdn.com/dims4/default/aeb3835/2147483647/strip/true/crop/3000x1688+0+0/resize/1280x720!/quality/90/?url=https%3A%2F%2Fsource-media-brightspot.s3.us-east-1.amazonaws.com%2F25%2Fdc%2Fb4fb547245f29e576203fc912f94%2Fpowell-jerome-bl-032221.jpg)


















