-Bitcoin news, price, information & analysis
The head of the corporate and investment bank at JPMorgan Chase, Daniel Pinto, has addressed Bitcoin and other financial topics in an interview published today. The 55-year-old Argentinian stated he believes cryptocurrency will be important in the future, but not in its current form. Pinto Thinks Cryptocurrency Tech...
JP Morgan Chase & Co. finds itself in court facing a lawsuit that accuses the bank of usury stemming from a customer that used his credit cards to buy cryptocurrency from exchanges such as Coinbase. Customer Files Federal Law Suit Against Morgan Chase Fortune reports that the suit...
As crypto becomes more popular the number of cyber criminals looking for some easy pickings will increase. Online scams are nothing new but the nature of cryptocurrencies means that those without the technical expertise will be additionally vulnerable. Banks and credit card issuers have acknowledged this which may...
Banks will never be fans of Bitcoin. The concept of it alone is the complete opposite of a bank’s business model which is to make profits from other people’s money. Britain’s biggest bank today took the step of banning its customers from buying Bitcoin using their credit cards....
The increasing competition in the finance sector has pressured banks, financial institutions and existing payment networks to re-consider the threat of emerging innovative financial technologies such as Bitcoin and its underlying technology, the blockchain technology. A growing number of multi-billion dollar banking groups and multinational tech corporations have begun to...
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