"It's important that the balance on regulation in this emerging industry is correct. Some allowance for the appropriate degree of regulation at an early stage to encourage alternate lenders mak... Read More
Hogg: I think Mark stated his position really clearly in June — we don’t want to be the wild west, and we don’t want to strangle innovation at birth. So we need to know what is going on and how ... Read More
But Hauser told the conference: "It’s often the case when you meet central bankers, they instinctively say I don’t like it, therefore it must be risky and undermine stability. I think we’ve l... Read More
Andrew Hauser, the Bank's executive director for banking, payments, and financial resilience, told the audience at the SWIFT Business Forum event in London on Wednesday: "The change is going ... Read More
The central bank announced the new programme on Friday, saying: "In return, it will offer firms the chance to demonstrate their solutions for real issues facing us as policymakers, together ... Read More
Coinbase Taps Twitter Vet to Bolster Customer Support Team
Cryptocurrency startup Coinbase has hired a former Twitter executive in an effort to shore up its customer support teams.
Tina Bhatnagar will serve as vice president of operations and technology, a
IMF Calls for International Cooperation on Crypto
The International Monetary Fund (IMF), an organization that aims to foster global monetary cooperation and financial stability, has called for global coordination on cryptocurrencies, warning of the r
Commodity Merchant Louis Dreyfus Trials Blockchain for Soybean Trade
Louis Dreyfus, a major commodities trading company, has announced that it has piloted a blockchain-based transaction system developed by a group of financial institutions including ING.
Bitcoin tanks more than 10% to below $11,000; South Korea announces details on crypto tax
Bitcoin and other major digital currencies dropped sharply Monday morning. Bitcoin briefly tumbled to a low near $10,234 on Coinbase around 11 a.m., ET, marking a loss of about 11 percent over