Big corporates back crypto 'plumbing' despite currency caution
Major finance and tech firms are pouring money into startups building technology to develop the crypto market, even though they're steering clear of the volatile currencies themselves.
Mir card payment system looks beyond Russia
After Western sanctions gutted Russia's financial system five years ago, a new bank card began appearing in the wallets of many Russians.
Japan to require crypto exchanges to bolster internal oversight: source
Japan's financial regulator will require cryptocurrency exchanges to strengthen internal oversight of the so-called "cold wallets" used to store digital money, a source with direct knowledge of the matter told Reuters on Tuesday.
China wants to ban bitcoin mining
China's state planner wants to eliminate bitcoin mining in the country, according to a draft list of industrial activities the agency is seeking to stop in a sign of growing government pressure on the cryptocurrency sector.
U.S. SEC issues guidelines to help analyze crypto assets
The U.S. Securities and Exchange Commission on Wednesday issued guidelines to help market participants determine whether a digital asset qualifies as a security under federal securities laws and needs to be registered with the regulator.
Bitcoin jumps 20 percent, mystery order seen as catalyst
Bitcoin soared to its highest in almost five months on Tuesday, pulling smaller cryptocurrencies up with it, after a major order by an anonymous buyer set off a frenzy of computer-driven trading, analysts said.
Forex firm TransferWise to sell stake in new fundraising round: sources
TransferWise Ltd, the money transfer startup whose investors include entrepreneur Richard Branson and PayPal Holdings Inc founders Peter Thiel and Max Levchin, is seeking to sell a stake in itself in a new fundraising round, people familiar with the matter said on Friday.
Compliance officers wary of switch to 'Wild West' crypto sector
After almost three decades in senior compliance roles at large financial firms including Bank of New York Mellon's Pershing and Goldman Sachs Group Inc, Jeff Horowitz made an unconventional career move.
Payments giant Worldpay targets growth in Australia and New Zealand
Payments group Worldpay said on Wednesday it was expanding its business in Australia and New Zealand, a new heavyweight disruptor vying for the business of the established payment networks and banks servicing most local firms.
Cryptocurrency miner Bitmain lets Hong Kong IPO application lapse
Bitmain Technologies, the world's largest designer of products for mining cryptocurrencies, on Tuesday let its application for a Hong Kong initial public offering (IPO) lapse, becoming the latest cryptocurrency company to shelve plans to go public.
JPMorgan Chase tests neuroscience-based video games to recruit interns
JPMorgan Chase & Co is testing neuroscience-based video games to help recruit interns, as it seeks to increase the diversity of its workforce by broadening its candidate pool.
U.S. firm FIS buys Worldpay for $35 billion in payments deal bonanza
By Justin George Varghese, Rachel Armstrong and Pamela Barbaglia
Shares in European payments companies rise on Worldpay takeover
Shares in European payments technology companies such as Worldline, Ingenico and Wirecard all rose on Monday, buoyed by Fidelity National Information Services's $35 billion takeover of Worldpay.
China's central bank says will gradually set up rules to regulate fintech
China's central bank said on Saturday it will gradually set up a system of rules to regulate fintech, and will fully utilize the technology to optimize the flow of credit and reduce financing costs for businesses.
Canada mulls setting rules for crypto platforms
Canadian regulators are looking to create new rules for crypto trading platforms, months after the death of the founder of digital platform Quadriga CX that led to about C$180 million ($135 million) in frozen cryptocurrencies.
Bank customers would share more data for benefits: report
Most consumers worldwide would share more personal data with banks and insurers in exchange for cheaper services despite privacy concerns, according to an Accenture Plc study released on Thursday.
Crypto-assets pose risks to global banks, warns Basel Committee
The growth in crypto-assets such as Bitcoin pose a threat to banks and global financial stability, despite relatively low levels of exposure among key players, the Basel Committee has warned.