⿻ 843 results found.
The record initial public offering of fintech giant Ant Group crashed before taking off. Another Chinese tech listing in Hong Kong should fare better.
The cryptocurrency has attracted a broad array of investors, including the Wall Street billionaires Paul Tudor Jones and Stanley Druckenmiller as well as sports radio host Gregg Giannotti. (BTC
China Construction Bank is planning to raise up to $3 billion from a sale of bonds that individuals and institutions can trade in and out of using U.S. dollars or bitcoin. (BTC
The 69,000 seized bitcoins once belonged to Silk Road founder Ross Ulbricht, the Justice Department said. (BTC
The sudden halt to Ant Group's initial public offering left investors hanging, employees shell-shocked, and shareholders trying to come to grips with why China pulled the plug on the record-breaking deal so close to the finish line.
Europe's top markets watchdog said it found a series of problems with Germany's regulatory oversight and handling of Wirecard, the fintech darling that collapsed amid allegations of fraud.
China's central bank and its securities, banking and foreign-exchange regulators met on Monday with Jack Ma and the top executives of Ant Group., ahead of the fintech giant's record-breaking IPO later this week.
The price of the digital currency has surged about 90% in 2020 and traded as high as $13,848 last week. The renewed surge of interest appears to be tied to bitcoin's potential as a hedge against inflation. (BTC
MicroStrategy could have gotten rid of its excess cash by paying a big dividend or buying back a ton of stock. Instead, the company made a big digital currency bet. (BTC
The New York Stock Exchange's chief regulatory officer, Anthony Albanese, will leave his job to advise venture-capital firm Andreessen Horowitz on cryptocurrency regulation.
The DOJ, making preparations for potential litigation, could soon decide whether it will sue to block Visa's purchase of the fintech firm.
The Chinese fintech giant, currently the world's most valuable startup, is about to make history with record-breaking IPOs in Hong Kong and Shanghai. How did it become so big?
Wirecard's bankruptcy administrator sold the failed German fintech's U.S. operations to a company backed by buyout specialist Centerbridge Partners, as it continues to dismantle the remains of the business and earn some cash for creditors.
Lufax, a smaller rival to Chinese financial-technology giant Ant Group, is seeking to raise as much as $2.4 billion from an initial public offering in the U.S.
EOS Investors, a low-profile New York City-based hotel investor is the mystery buyer of the Beverly Hills hotel that the U.S. government sold in August, after seizing it from the fugitive Malaysian financier Jho Low. (EOS
Central banks around the world are weighing introducing a new kind of money. Here is what you need to know. (BTC
The civil penalty against Mr. Harmon, who already faces charges by the U.S. Justice Department, is the first of its kind imposed by the Treasury's Financial Crimes Enforcement Network against a virtual currency mixer or tumbler-businesses that charge customers a fee to send virtual currencies to a designated address in a manner designed to conceal the source or owner of the currency, according to the agency. (BTC
The Federal Reserve is in no hurry to issue a digital currency, Chairman Jerome Powell said, citing unresolved concerns including the potential for theft and fraud.
The world's major central banks are moving forward on efforts that could lead to fully digital versions of their respective currencies.
Seven central banks and the Bank for International Settlements published a report outlining common principles for issuing digital currencies to the public. What remains unclear is why this pitfall-ridden shift is necessary.
Lufax is planning an initial public offering in the U.S., even as some other Chinese companies are opting to sell stock closer to home.
The rules aim to protect small-time investors from large price swings in assets whose value is linked to cryptocurrencies such as bitcoin, ether or ripple.
The Treasury Department unit, which supervises national banks and federal savings associations, has issued interpretive letters in recent months to spell out its view of how traditional financial institutions can do business involving digital currencies.
Italy's Nexi agreed to acquire crosstown fintech rival SIA in a stock dealthat creates a European giant in the fast-consolidating payments sector.
All the obvious hedges against stock-market volatility-Treasurys, gold, bitcoin and the VIX volatility index-stopped working in September.
Four executives of one of the world's largest exchanges for trading cryptocurrency derivatives have been charged with violating U.S. anti-money-laundering rules as authorities ramp up enforcement efforts.
The future of electronic payments must make sure low income citizens now without access to banks are not left behind, and one way to do that is for the U.S. government or the Federal Reserve to offer their own versions of bank accounts, according to a new paper from the Federal Reserve Bank of Atlanta.
Singapore's central bank ordered Wirecard AG to shut its local payment network and return customer funds, the latest step in the dismantling of the former fintech star following alleged multibillion-dollar fraud.
The tax collector is making it a lot harder to pretend you don't have bitcoin or other virtual currencies hidden away somewhere.
E.W. Scripps is nearing a deal to buy ION Media for $2.65 billion, according to people familiar with the matter, in a move to significantly expand the TV station owner's reach that gained the backing of Warren Buffett's Berkshire Hathaway. (ION
Loretta Mester said the different parts of the Fed are researching how the central bank could offer its own full electronic currency, and that these efforts have come under greater focus due to the coronavirus pandemic.
The U.S. Justice Department charged two Russian nationals who prosecutors say defrauded three cryptocurrency exchanges and their customers, resulting in losses of at least $16.8 million.
The Financial Conduct Authority's proposal would require companies such as cryptocurrency exchanges to report suspected financial crimes.
U.S. authorities said the accounts were used by North Korean hackers who stole an estimated more than $1 billion from exchanges around the world, including U.S.-based Algorand.
The story of OneCoin stands out even among outlandish cryptocurrency capers. The Justice Department said OneCoin accounts show it took in some $4 billion from investors world-wide in what prosecutors likened to a pyramid scheme.
Germany's stock-market regulator allowed its staff to trade Wirecard shares while it was investigating the company, putting the spotlight again on an agency that has come under scrutiny for ignoring red flags about the now insolvent fintech giant for a decade.
China said it would expand a pilot program for its digital currency to include a number of large cities, advancing a pioneering initiative by a major central bank to launch an electronic payment system.
New details emerged about how hundreds of millions of coronavirus vaccines will be distributed in the U.S. and who will bear the cost.
The U.S. said it seized millions of dollars in cryptocurrency assets and a fake website purporting to sell protective gear in an operation targeting the financial underpinnings of three terrorist groups.
Investigators are asking the public to help them find Jan Marsalek, the elusive former Wirecard executive who prosecutors suspect played a central role in inflating the fintech company's results by booking fake income for years.
Commerzbank, Germany's second-largest lender, took a big financial hit from its exposure to fintech firm Wirecard.
Companies should conduct thorough risk assessments and develop muscular internal controls to strengthen the oversight of blockchain-technology projects, according to new guidance from the Committee of Sponsoring Organizations of the Treadway Commission.
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.