Federal Reserve Chair Jerome Powell said new forms of digital money such as cryptocurrencies and stablecoins present risks to the U.S. financial system and will require new rules to protect consumers.
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Lael Brainard, a member of the Federal Reserve Board of Governors, laid out a case for a secure, central bank-backed digital currency that could create a more efficient payment system and expand financial services to Americans who have been underserved by traditional banks.
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Facebook officially moved forward with its plans Monday to create a new digital currency called Libra, despite several high-profile defections from the project and intense criticism from U.S. regulators and politicians.
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What happened to IBM’s cloud growth? Google allows toggling; AT&T partners with Verizon, report says; and MIT Tech in Review examines Facebook’s possible impact on banking.
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Boosted by a weaker dollar and fresh enthusiasm for cryptocurrencies, bitcoin surged past $10,000 for the first time in a year over the weekend then topped $11,000 on Monday.
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Thanks to a new collaboration between IBM and Wake Technical Community College, Data Science and Computer Programming students have an opportunity to capitalize on one of the hottest tech opportunities today: Blockchain.
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SAN FRANCISCO — Hedge funds go to the Cayman Islands to incorporate. Big companies are generally domiciled in Delaware. And online poker companies often set up their bases in Gibraltar and Malta. Now the race is on to become the go-to destination for cryptocurrency companies that are looking for...
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In an emerging technology field – blockchain – where multiple vendors are developing proprietary solutions, IBM is partnering with nine financial institutions and a London-based data solutions provider to create what they believe will be a platform that has broad appeal.
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Digital currency bitcoin has slumped roughly 50% since the start of the year, dropping below $7,000 on Friday in Asia. Less than four months ago, it was trading close to $20,000.
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