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American Banker: The Financial Services Daily

A publication read by senior banking and financial services executives as well as consultants, lawyers, accountants and other professionals who serve the ...

  • California Leaks, Retracts Bitcoin-Friendly Statement

    California Leaks, Retracts Bitcoin-Friendly Statement

    americanbanker.com 22 May '15, 10pm

    California officials briefly raised hopes among digital currency proponents Friday by releasing a statement that they would drop plans to regulate digital currency businesses and instead defer to the legislature. But the Department of Business Oversight quickly retracted the statement...

  • Nasdaq Signals Confidence in Bitcoin, Not Just the Blockchain

    americanbanker.com 19 May '15, 7pm

    Critics often pay Bitcoin a backhanded compliment by calling it the Napster of finance. The underlying technology may change how business is done, they say, but the system itself isn't long for this world. Now the Nasdaq stock exchange is challenging that conventional wisdom by not on...

  • When Goldman Sachs Began Flirting with Bitcoin

    When Goldman Sachs Began Flirting with Bitcoin | Bank Think

    americanbanker.com 21 May '15, 6pm

    A few hours after Newsweek released its story about the man it alleged to be Satoshi Nakamoto, in March 2014, four men took the stage at an auditorium in the New York headquarters of the Wall Street giant Goldman Sachs to talk about Satoshi's creation. This was a private conference fo...

  • Banks Can Cherry-Pick the Best Bits from Bitcoin: Report

    Banks Can Cherry-Pick the Best Bits from Bitcoin: Report

    americanbanker.com 07 Apr '15, 9pm

    Bitcoin wasn't built for banks. But as cryptocurrency technology evolves, bankers and financial technology startups have begun to consider ways that it could prove useful for financial institutions — from speeding up correspondent banking to facilitating remittances . A provocative ne...

  • Rand Paul Chides 'Naysayers' Who Want to Regulate Bitcoin

    Rand Paul Chides 'Naysayers' Who Want to Regulate Bitcoin

    americanbanker.com 21 Apr '15, 7pm

    Presidential candidate Rand Paul describes himself as a politician who bridges old ideas and new technology, and he sought to get that message across at a fundraising get-together with Bitcoin enthusiasts this week. "I'm not an expert on Bitcoin, but I'm open to new technology," Paul ...

  • Get Ready for the Rise of the Blockchain | Bank Think

    americanbanker.com 20 Apr '15, 7pm

    Say Bitcoin in a crowded room, and you'll find at least one guy who believes it's going to start a financial revolution. Most people remain skeptical of the libertarian utopia wherein the government cedes control of the money supply to Bitcoiners. But some are starting to come around ...

  • Why Bitcoin 'Stinks' for Money Laundering

    americanbanker.com 09 Mar '15, 7pm

    Jeffrey Robinson is hardly a fan of Bitcoin (the title of his latest book, "BitCon ," kind of gives it away.) But as the author of a classic 1990s book about money laundering, even he says that Bitcoin is a terrible tool for that particular crime, despite the digital currency's reputa...

  • Bitcoin and Banking, Progressively Intertwined

    Bitcoin and Banking, Progressively Intertwined - Bank Think Article

    americanbanker.com 19 Nov '14, 3pm

    The relationship that digital currency users have with fiat money is not distant or remotely hostile — despite some assertions to the contrary. The same is true of the relationship between Bitcoin and banks. People who use bitcoins and other digital currencies are not attempting to tr...

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