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A U.S. probe into Tether is homing in on whether executives behind the digital token committed bank fraud, a potential criminal case that would have broad implications for the cryptocurrency market.
July 26 -
Square is creating a new business line to help developers build financial services products focused on Bitcoin, according to tweets from CEO Jack Dorsey.
July 16 -
The card brand is working with 70 cryptocurrency companies to meet consumer demand for paying in bitcoin and other digital currencies at the point of sale. It had little choice given that most retailers don't accept crypto directly and are in no rush to do so.
July 14 -
The hospitality chain and its fintech partner Bakkt are trying to tap into the crypto craze by asking guests if they would prefer the valuable (yet volatile) cryptocurrency over free stays or room upgrades.
July 6 -
About 100 small banks have signed up for technology provided by the core software vendor Fiserv and the cryptocurrency custodian NYDIG that allows customers to buy, sell and hold bitcoin through their bank accounts.
June 23 -
How technology is enabling new types of payment transmission and what this means for banking.
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The Basel Committee on Banking Supervision issued a proposal this month laying out how banks should treat cryptocurrencies held on their balance sheets. It could give stablecoins, which are tied to traditional assets, an edge over more volatile digital assets like Bitcoin.
June 22 -
Building a safer ecosystem: Why transparency, controls, and partnerships will drive next era of financial services.
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Banks have watched with alarm as customers' deposits have flowed into cryptocurrency wallets. They are now working with their software vendors to build the infrastructure that's needed to offer digital currency services of their own.
June 14 -
The Boston trust bank has set up a division called State Street Digital, led by Nadine Chakar, that will help customers invest in cryptocurrencies. It will also develop blockchain and smart contract technology and the ability to tokenize assets.
June 11 -
Square Inc. Chief Executive Jack Dorsey said the digital payments company is considering building a Bitcoin hardware wallet, a device that holds the digital currency but isn’t connected to the internet.
June 4 -
Unchained Capital, a Bitcoin-based custody-service provider and lender, has raised $25 million in funding, valuing the company at $125 million.
June 4 -
How digital capabilities are supporting small business operations amid disruption
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The money transfer company is working with Coinme to provide a way for bitcoin users to access their profits — or cut their losses.
May 20 -
The sudden plunge — and recovery — of bitcoin's value highlights the problems in using such volatile currencies in commerce.
May 19 -
DMG Blockchain is using hydro power to mine bitcoin. It's part of a movement to support crypto without straining local power grids or polluting the environment.
May 19 -
MoneyGram will offer a service for the conversion of digital currency into cash at its retail locations in the U.S. through a partnership with cryptocurrency exchange Coinme.
May 12 -
The risk is growing that criminals or hostile nations could use quantum computing to hack into the ledger systems that control bitcoin and other digital currencies.
May 11
American University Washington College of Law -
First Foundation and Suncrest are among the community banks developing platforms that let clients buy, sell and hold increasingly popular digital assets. The goal is to avoid losing business to cryptocurrency exchanges.
May 10 -
Cryptocurrency rally enabled the company's Cash App to generate the bulk of its revenue.
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