JPMorgan Chase & Co. is launching its deposit token on Ethereum, extending the lender’s push into blockchain payments as Wall Street grows more comfortable moving money on public networks.
Crypto hardware wallet maker Ledger SAS is launching a smartphone-like device for users seeking extra protection for their digital assets and online activity, in the wake of a security incident involving some of its products.
Cryptocurrencies fell on Wednesday as a wave of forced selling swept across digital-asset venues, with broader market jitters further weighing on risk appetite.
Morgan Stanley has set up a Digital Asset Lab to test technologies including stablecoins, tokenization and decentralized finance applications as the Wall Street bank explores how blockchain-based systems could be used across its business.
US-based cryptocurrency exchange Coinbase Global Inc. has been removed as a member of UK Finance, one of Britain’s most influential financial services lobby groups, even as the digital-asset sector takes a more prominent role in policy debates.
A group of large financial firms including DRW Holdings LLC, Susquehanna and Royal Bank of Canada invested in digital-asset data provider Kaiko, as progress toward round-the-clock trading on blockchain rails sparks demand for new kinds of infrastructure.
Ledger SAS, a maker of hardware devices used to store cryptocurrencies, is combining oversight of its internal technology systems and security under a single executive, as a rise in artificial intelligence-fueled crypto attacks pushes companies to rethink their defenses.
The London Stock Exchange is planning to launch tokenized stocks, backed by shares of London-listed companies, as it looks to further embrace digital assets.
Looking for your next summer read? We asked leaders across digital finance for their recommendations. From 19th-century financial panic to reimagined Charles Dickens, here are the books they think are worth packing on vacation.
BlackRock Inc. is bringing blockchain technology to its flagship money market funds in Europe, in the latest sign of Wall Street’s growing ambition to expand use of digital-asset technology in mainstream finance.
Bloomberg reporters answer your questions about the rise of nonstop trading and what it means for markets in a Live Q&A on Tuesday, August 4 at 2 p.m. BST.
For years, banks largely watched stablecoins evolve from a niche cryptocurrency product into a payments network moving tens of trillions of dollars annually. Now they’re dusting off the same collaborative playbook that produced Zelle, betting shared infrastructure is the best way to stop digital dollars from encroaching further on their business.
The Zelle logo on a smartphone arranged in Hastings-on-Hudson, New York, US, on Wednesday, Jan. 25, 2023. Early Warning Services LLC, the payments company jointly owned by banks including JPMorgan Chase & Co. and Wells Fargo & Co. and operates the Zelle money-transfer service, is developing a digital wallet in an effort to challenge PayPal Holdings Inc.’s dominance in online payments. Photographer: Tiffany Hagler-Geard/Bloomberg
Robinhood Markets Inc. is rolling out perpetual futures tied to commodities, exchange-traded funds and currencies in Europe, seeking to capitalize on the rise in round-the-clock trading that’s long been a feature of crypto markets.
Robinhood signage during a media event at John F. Kennedy International Airport in New York.
The Bank of England has scrapped plans to limit how much firms and households can hold in UK stablecoins and instead introduced a temporary £40 billion ($52.8 billion) cap for the total issuance of each coin.
Las entidades financieras tradicionales están empezando a evaluar modelos de negociación ininterrumpida de diversos activos, de una forma que lleva años revolucionando los horarios en el sector cripto.
Traditional finance firms are starting to embrace round-the-clock trading for a range of assets in a way that has disrupted schedules in crypto for years.
Tether Holdings SA Chief Business Officer Benjamin Habbel has stepped down nine months after joining the stablecoin giant, where he was in charge of expanding the firm and its portfolio of investments.
HSBC Holdings PLC Photographer: Simon Dawson/Bloomberg
A consortium of European banks seeking to launch a euro-denominated stablecoin has added 25 lenders to its ranks, speeding up efforts to build a viable alternative to dollar-denominated digital money.
A euro symbol statue at the headquarters of the European Central Bank.
Blockchain analytics firm Elliptic Enterprises Ltd. has raised $120 million in a new funding round backed by Deutsche Bank AG and Nasdaq Inc.’s venture arm, as large financial institutions expand their digital-asset offerings.
JPMorgan Chase & Co. spent hundreds of millions of dollars over the course of more than a decade developing systems using blockchain, a novel technology that was supposed to radically upend financial markets, but has yet to become a game-changer.
Big banks and other finance firms see big promise in using blockchain technology in crucial funding markets.