The U.S. Department of the Treasury issues its FinTech report as bitcoin gains institutional momentum. Given all the attention to cryptoasset trading over the past two weeks, it's a bit strange that the U.S. Department of the Treasury makes no mention of it in its long-awaited FinTech report (PDF). Yet bitcoin was designed and is used as a cryptocurrency, and Treasury and its … [Read more...] about Treasury and Bitcoin
OCC
Boom-Bubble Blues
FINTECH ARTICLES OF THE WEEK 06/19/16 In what turned out to be a prescient post--one of several on whether FinTech is in a boom or a bubble, Joi Ito suggested that the rush into blockchain shared public ledger technology is “a bit over its skis.” Mr. Ito, a long-time internet analyst who heads the MIT Media Lab, suggests that the focus be on building the infrastructure in a … [Read more...] about Boom-Bubble Blues
BLOCKCHAIN WATCH 06/12/16
The Federal Reserve flirts with blockchain. Global central bankers learned about blockchain technology at the Federal Reserve's annual meeting last week. Federal Reserve Chair Janet Yellen reportedly called for central banks to study blockchain and noted that the Fed does not have the authority to regulate cryptocurrency. Coverage of the meeting, closed to the media, is classic … [Read more...] about BLOCKCHAIN WATCH 06/12/16