Digital currencies likely to be legal tender, central banks say
Digital currencies planned by major central banks will probably become legal tender in their jurisdictions, according to officials studying such...
Vikram Pandit says all banks will think about crypto trading
All major financial institutions will soon be thinking about trading cryptocurrencies, according to Vikram Pandit, chairman of The Orogen Group...
Robinhood-inspired app wants to disrupt Latin America market
A Colombian startup is offering cheap, easy stock trades in a bid to “democratize” access to Latin American stock markets,...
Argentine fintech Ualá buys Mexican bank ABC Capital
Argentine financial services startup Ualá has reached an agreement to buy Mexican bank ABC Capital SA, as part of its...
Cross River Bank acquires Ohanian-Backed fintech Betterfin
Cross River Bank is deepening its small-business offerings with the purchase of Betterfin, a startup backed by Reddit Inc. co-founder...
Stablecoin risk spurs U.S. agencies to seek power to crack down
Federal agencies took their first step toward regulating stablecoins, raising concerns that the tokens could threaten the U.S. economy while...
Crypto DeFi firms may need more oversight, global watchdog says
Crypto firms that offer stablecoins, blockchain-based decentralized finance apps and services supporting peer-to-peer transactions may be required to keep tabs...
SoftBank leads $75 million investment at Thiel-backed company
Pipefy, a workflow-management software platform backed by Paypal Holdings Inc. co-founder Peter Thiel, received a $75 million investment in a...
Bakkt shares triple on Mastercard, crypto service agreements
Bakkt Holdings Inc., the cryptocurrencies firm that spun off from Intercontinental Exchange earlier this year, tripled after it announced agreements...
Morgan Stanley’s robot Libor lawyers saved 50,000 hours of work
Untangling trillions of dollars worth of loans and other financial contracts from Libor is a complex, expensive and time-consuming job....
