Blockchain

Borrowing from the startup world and some popular TV shows, Citigroup is encouraging employees to pitch innovative ideas to a panel of senior execs who could give them the green light to start work.

Bank ponders assisting customers trading digital currency futures; banks still face challenges despite a good third quarter.

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

Cryptocurrency could be a strong fit for online games, which often develop their own realistic economies despite being cut off from mainstream currencies.

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

Michael Lewis calls it a "pump-and-dump" scheme. Liz Ann Sonders says it's "the next kale." Should clients invest in cryptocurrencies?

The federal banking regulators should create a working group that, rather than propose new rules and regulations, would clarify the application of existing rules to blockchain technology.

PayStand, a blockchain business-to-business payments platform, has completed a $6 million funding round through BlueRun Ventures.

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.

Canada's payments modernization initiative is using a distributed ledger to expedite processing across a nationwide network, providing scale that could open the technology to wider use elsewhere if successful.