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The market boom that pushed stocks, bonds and commodities to their best combined four-month spurt in decades has found its way into the most notoriously volatile and speculative asset on the planet: bitcoin. (BTC
Financial-technology firm Varo Money said it had received a national bank charter, clearing the final hurdle in its quest to become a bank
Affirm Inc. is laying the groundwork for an initial public offering that could value the financial-technology startup at as much as $10 billion.
German authorities have asked Russian officials if Jan Marsalek, the former Wirecard executive of the disgraced fintech company, had entered Russia and requested they act on an Interpol notice for his arrest.
National banks and federal savings associations in the U.S. can provide cryptocurrency custody services for customers, a federal banking regulator said in a guidance letter intended to clarify the role of traditional financial institutions in the virtual-assets market.
Anthony Ghosn sent about $500,000 in cryptocurrency payments to one of two American men being held in jail for allegedly aiding the former Nissan chief's escape from Japan, prosecutors said in a new court filing.
Twitter said the hackers behind this week's attack on its systems and high-profile users walked away with some personal information, indicating that the perpetrators carried out more than a cryptocurrency-related scam.
Wirecard AG's insolvency is inflicting pain on some banks who lent to the once-highflying, now-insolvent German fintech.
Here's what you need to know about bitcoin. (BTC
A type of digital currency that aims to maintain a stable value relative to that of an underlying asset or benchmark has the potential for mass adoption, but that potential also makes it more vulnerable to criminal abuse, a global standard setter for anti-money-laundering laws said.
The decision to allow a New York prosecutor to review President Trump's personal financial records breathes new life into a year-long investigation concerning a payment made by Michael Cohen, the president's former personal attorney, to a former adult-film star who claimed she had an affair with Mr. Trump. (HUSH
A clutch of global investors is throwing its weight behind a financial-technology upstart that facilitates payments between companies and their suppliers, betting that it is well positioned amid the disruption resulting from the coronavirus pandemic.
Auditors are still figuring out how to assess the financial statements of fintech companies, a challenge highlighted in the recent accounting scandal surrounding German electronic-payments company Wirecard.
China's state-run container line Cosco Shipping Holdings Ltd. will work with Alibaba and Ant, the e-commerce giant's financial technology affiliate, on using blockchain technology to track goods across seaborne supply chains.
Argentine bond prices rose after the country's government revised a restructuring proposal it made in April by offering to increase bondholder recoveries.
Philippine authorities searching for Jan Marsalek, the former Wirecard executive who ran operations for the German fintech company before it went bust, say they believe immigration documents showing he entered the country last month may have been forged.
The Justice Department sued Regeneron Pharmaceuticals, accusing the drugmaker of paying illegal kickbacks to a charitable foundation to boost sales of its high-selling eye-disease treatment Eylea.
Before Wirecards unraveling, two financial heavyweights set up an unusual $1 billion investment in the payments company. A structured product tied to that deal is now foundering, amplifying the damage from the fintech giants troubles.
The implosion of Wirecard doesnt mean there is reason to doubt the accounting of other European fintech companies, but there is reason to doubt some frothy valuations.
Chinas largest financial-technology company is rebranding itself to emphasize the tech rather than the finance, after earlier drawing scrutiny from regulators.
Short sellers have been attacking the stricken German fintech companys business practices for over a decade with little rewarduntil now.
Fintech giant Wirecards troubles intensified after two banks in the Philippines meant to be holding over $2 billion on behalf of the company said they dont have the cash and never did.
JPMorgan Chase has taken on two well-known bitcoin exchanges, Coinbase and Gemini Trust, as banking customers, say people familiar with the matter, the first time the bank has accepted clients from the cryptocurrency industry. (BTC
Blockchain technology projects are being developed by companies such as IBM and Ernst & Young to help with various aspects of the coronavirus pandemic, including sourcing supplies.
Chinas central bank has introduced a homegrown digital currency across four cities as part of a pilot program, marking a milestone on the path toward the first electronic payment system by a major central bank.
North Korea has developed increasingly sophisticated hacking capabilities that have enabled it to steal from financial institutions and cryptocurrency exchanges and evade international sanctions, according to a new United Nations report.
Silicon Valley companies including PayPal and Square are struggling with the structure of government programs and the setup of the SBAs loan portal.
Cryptocurrency entrepreneur Justin Sun paid a record sum in a charity auction to dine with the Oracle of Omaha.
A former top American financial regulator dubbed Crypto Dad for his embrace of cryptocurrencies is setting up a think tank to promote the idea of digitizing the U.S. dollar.
Investors point to renewed optimism about broader takeup of cryptocurrencies as the catalyst for bitcoins roughly 20% rise since the beginning of the year. (BTC
Visa Inc. is nearing a deal to buy privately held financial-technology firm Plaid Inc., according to people familiar with the matter, who said a deal could be announced this week.
The Committee of Sponsoring Organizations of the Treadway Commission, which advises industry on risk management practices, plans to issue guidance on controls for blockchain technology.
A technology startup that raised nearly $13 million at the peak of investor demand for unregulated cryptocurrencies agreed to pay a fine, refund investors and provide more transparency about its finances and business plan.
It has been hard to find a losing strategy in the equities markets these days. Growths a winner. Values a winner. Even bonds are having a good year. Fintech unicorns, however, havent kept up with the markets record year.
Fintech companies say they need access to customer account information held by banks and other traditional financial companies. To protect their own turf, banks and brokerage firms have resisted.
Aircraft-component maker Moog is testing a combination of blockchain and 3-D printing to speed up the replacement of defective aircraft parts to a few hours from several days or even weeks.
The call came in from a confidential source while two criminal investigators for the Internal Revenue Service sat at a Bangkok airport gate in July 2017, waiting for a flight: a new website was selling child pornography for bitcoin.
After surging past $10,000 last month following Chinese leader Xi Jinpings declaration that China should speed up research into blockchainthe technology behind cryptocurrenciesthe price of bitcoin has sunk to a six-month low. (BTC
Fed Chairman Jerome Powell said in a letter to a congressman that the U.S. central bank doesnt currently have plans to launch a digital currency and sees the adoption of something like it difficult in the U.S.
The step is expected to help the financial firm recruit new clients to its fledgling platform for storing and trading bitcoin.
Technology from the bitcoin world is coming to the trillion-dollar plumbing that underpins the U.S. stock market.
Stablecoin tether and the Bitfinex exchange were reportedly used to drive up bitcoin in 2017 and 2018. (BTC
Chinas blockchain frenzy, which sparked rallies in an array of companies, has catapulted one academic into the limelight.
Twitter Chief Executive Jack Dorsey, a longtime bitcoin advocate, is making a fresh bet on cryptocurrency, investing in CoinList in its latest round of funding. (BTC
Xi Jinpings blockchain push sent bitcoin and cryptocurrency-related investments surging, but Chinas need for control and past patterns for other technologies provide reason for investor caution.
Chinas president said the country should speed up research into the technology underpinning digital currencies, fueling a surge in related stocks and bitcoin, which briefly topped $10,000. (BTC
Investors on a perpetual search for the next big thing pile into anything hot, such as bitcoin or garlic. Such feeding frenzies rarely end well. Travis Scott Nike Air Force 1s for $2,667, anyone?
Facebook CEO Mark Zuckerberg told lawmakers the social-media giant would soldier on with plans to help create a cryptocurrency-based payments network.
A federal banking regulator doesnt have the authority to grant national charters to financial technology companies, a federal judge ruled.
Mark Zuckerberg is set to appear before the House Financial Services Committee in a hearing focused on Facebooks libra cryptocurrency plans. Lawmakers also are expected to ask about potential discrimination in how the company handles housing and credit-related advertising.