Edition:
United States

Fintech Headlines

Digital currencies no threat to ECB yet: Draghi

The adoption of digital currencies in the euro zone and their impact on its economy are limited, meaning they do not pose a threat to the European Central Bank's hold on the money supply, the ECB's President said on Monday.

Fork talk lifts bitcoin to all-time high near $8,000

Bitcoin hit an all-time high just below $8,000 on Friday, on talk that a software upgrade whose suspension sent the cryptocurrency into a tailspin at the end of last week was, after all, going ahead within hours.

Bubbly bitcoin not worth the wager: investors

Bitcoin may have surged a staggering 700 percent since the start of the year but most investors at a Reuters Summit this week said they had not been tempted to play the volatile cryptocurrency.

Fixing Mt. Gox

To solve the Mt. Gox bankruptcy mess, its former chief executive says he is exploring a dramatic solution – reviving the exchange so it can start generating money again.

Photo

Trump: Healthcare, infrastructure, welfare reforms up next after taxes

WASHINGTON U.S. President Donald Trump on Monday said he plans to take up healthcare, infrastructure and welfare reform issues soon after Republicans' tax overhaul is finalized, which the party has pledged to complete by the end of the year.