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U.S. regulators sued a company that raised $1.7 billion through a cryptocurrency offering that became one of the largest such deals ever.
Facebook CEO Mark Zuckerberg is slated to return to Capitol Hill this month to testify before a House panel about the companys foray into cryptocurrency.
The European Union will introduce legislation aimed at preventing libra, Facebooks proposed digital currency, from undermining Europes single currency and being used as a money-laundering toolrepresenting one of the toughest regulatory responses so far.
Bakkt, a bitcoin-futures platform, went live two weeks ago. Its performance so far underscores the reticence of Wall Street and institutional investors when it comes to embracing cryptocurrencies. (BTC
Cracks are forming in the coalition Facebook Inc. assembled to build a global cryptocurrency-based payments network
A startup behind one of the largest initial coin offerings of the past two years will pay $24 million to resolve allegations by the SEC that its deal violated federal investor-protection laws.
The biggest U.S. cryptocurrency exchanges have developed a system to rate which digital assets are probably securities that cant be traded on their venuesand which likely can.
Fintech startup Lex Markets wants to attract mom-and-pop real-estate investors to its platform to buy and trade small slices of office towers and other commercial buildings around the country.
Installment plans arent just for big-ticket items anymore. Fintech firms and large banks are increasingly pitching the programs to consumers eager to borrow for smaller items.
Central banks are getting closer to issuing their own digital currencies. If they do, the dollar might finally face real competition as the worlds dominant currency.
Intercontinental Exchange, the owner of the New York Stock Exchange, is set to launch its long-delayed market for bitcoin futures. It is betting that consumers, businesses and Wall Street will embrace cryptocurrencies. (BTC
Stripe has climbed closer to the top ranks of the highest-priced U.S. startups after a new fundraising round valued the financial-technology company at $35 billion.
The battle pits some of the biggest financial-services companies against startups.
A recent meeting between U.S. national-security officials and Silicon Valley executives shows how the two sides arent unified on how best to combat foreign election interference. (UNIFY
Europe should block Facebook-backed digital currency Libra and create a public alternative, a senior French official said, staking out a hard line amid broader resistance to the idea from U.S. and international officials.
Samsung is releasing a variant of its newest flagship phone meant to boost adoption of blockchaina tall task for a technology that still puzzles many consumers.
Crypto enthusiasts have been trying without much success to get regulatory approval for funds to bring bitcoin to investors. Two firms plan to use a workaround. (BTC
Andreessen Horowitz, a venture-capital firm known for early investments in companies including Facebook, is putting up a fight against Washingtons cryptocurrency crackdown
Hut 8 Mining, a Canadian firm that deals in bitcoin, has returned to profitability, offering a unique look at the impact of the recent rally in the cryptocurrency. (BTC
The guidance released Monday by the Swiss Financial Market Supervisory Authority steered blockchain businesses toward compliance with Switzerlands existing anti-money laundering and terrorist financing regulatory regimes.
Central banks should consider joining forces to create a virtual currency that could supplant the dollars role in the global economy, Bank of England Gov. Mark Carney said, offering a novel solution to concerns about the greenbacks status as the worlds foremost reserve currency.
Acorns Grow wants to go viral. It has enlisted A-Rod and J.Lo to help. The influencer strategy is the brainchild of Acorns Chief Executive Noah Kerner, who is trying to transform the company from a niche savings app into a bank alternative used by 100 million consumers.
The Internal Revenue Service is on the war path against Americans who havent reported income from cryptocurrencies like bitcoin.
House lawmakers questioned Facebook about how its cryptocurrency should be regulated and its plans to protect users, underscoring the political hurdles facing the company as it seeks to issue the digital cash called Libra.
France's finance minister said he shared the Trump administration's concerns about Facebook's plan for its cryptocurrency, but suggested a gulf remains between Europe and the U.S. on how to tax the biggest tech companies.
Facebook's struggle to convince lawmakers it can create a viable cryptocurrency is rubbing off on bitcoin. Regulatory scrutiny of the company's ambitious plan to release a digital coin, called Libra, has spoiled bitcoin's big rally this year. (BTC
Top Senate lawmakers questioned Facebook's plans for its own cryptocurrency, with the banking committee's leading Democrat saying the social-media giant isn't trustworthy enough to operate its own digital money.
Facebook said its Libra cryptocurrency will be regulated by Switzerland's financial watchdog, adding the digital money would never compete with national currencies or undermine the role of central banks.
U.S. securities regulators are examining whether Facebook Inc.'s planned cryptocurrency should fall under their oversight, a development that could further complicate the project.
Cryptocurrency backers found a silver lining in President Trump's Thursday attacks on bitcoin: The attention from him-and Fed Chairman Jerome Powell the same day-shows the industry's growing importance. (BTC
The Securities and Exchange Commission on Wednesday cleared blockchain startup Blockstack to sell bitcoin-like digital tokens, a first-of-its-kind offering that could give young cryptocurrency businesses a new fundraising template.
Washington is opening the door a crack for cryptocurrency startups that want to disrupt some of Wall Street's traditional businesses.
Congress is considering at least three bills that would resolve some of the murky legal issues surrounding digital money. (BTC
For all its crypto styling, Facebook's Libra looks less like bitcoin and more like a 50-year-old type of investment fund that has attracted intense regulatory scrutiny since the 2008 financial crisis. Investors should be skeptical of claims it can escape the same kind of attention.
A British regulator proposed a ban on selling derivatives based on bitcoin and other digital currencies to individual investors, calling these products unsuitable investments for nonprofessionals.
When a cryptocurrency fan compared bitcoin favorably to tokens once used for purchases at Chuck E. Cheese, the chain's official Twitter account was quick to defend its honor. (BTC
New financial instruments linked to the digital currency are drawing concern as it climbs back above $10,000. (BTC
A blockchain initiative for seaborne cargo aimed at cutting costs and improving tracking of shipments is getting a boost with the addition of two big container shipping operations.
One key difference between this year's bitcoin climb and the last big rally is what has happened to other cryptocurrencies: they haven't done as well. (BTC
Bitcoin is booming again. One of the biggest beneficiaries is Grayscale Bitcoin Trust, a fund that provides everyday investors with access to the world's most popular cryptocurrency. (BTC
Hewlett Packard Enterprise is researching ways that artificial intelligence can make medical equipment, industrial robots and other internet-connected devices smarter while protecting data privacy.
Facebook's new digital currency has the potential to become a true alternative to national currencies by creating a de facto central bank, which other fin-tech startups and cryptocurrencies have failed to do.
Facebook has big plans to remake the financial system with its cryptocurrency-based payments network. But persuading people to adopt a brand-new technology could be tough.
Pundit Stephen Moore didn't get onto the Federal Reserve Board, but he has joined a decentralized central bank that hopes to tame cryptocurrencies like bitcoin.
Hedge funds and other big traders are betting that bitcoin will fall, even as the digital currency has risen above $10,000 on a new wave of crypto-optimism. (BTC
Bitcoin rose over $10,000 for the first time in over a year, riding a new wave of optimism about the value and future of digital currencies. (BTC
The global standard setter for anti-money-laundering laws called on countries to apply more scrutiny to virtual currency firms that transfer customer funds.
Facebook Inc.'s Libra project should be carefully vetted by regulators, Bank of England Gov. Mark Carney is expected to say Thursday, offering an early insight into how the U.K. central bank will approach the new cryptocurrency.
Investors are betting that Facebook's efforts to create a blockchain-based payments system won't threaten credit-card companies' winning streak-at least for now.
Facebook's cryptocurrency unveiling was widely anticipated, but bets on Libra catching on and generating meaningful revenue remain highly speculative.