Choi Jong-ku, chief of the country's Financial Services Commission, announced the news on Thursday. » Read More
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The cryptocurrency market rout may be the beginning of a needed washout that digital currency enthusiasts have been waiting for. » Read More
By: Jeff Cox
The Fed should follow rules when making policy to give the public a better understanding of the central bank's actions, Fed official Loretta Mester said. » Read More
XRP has fallen 74 percent from a record high hit Jan. 4, erasing $44 billion from the paper holdings of Ripple co-founder Chris Larsen.
The U.S. central bank released its periodic report on the health of the US economy Wednesday.
"We will only process fiat currency-based transactions," said Visa CEO Alfred Kelly.
Federal prosecutors say a former personal assistant to the executive stole hundreds of bottles of wine from his personal collection.
"It's super important for people in various economies to be able to transact in local currencies" as well, says the SparkChain co-founder.
During a post-earnings call, Bank of America CEO Brian Moynihan says it has a limited relationship with cryptocurrencies.
Goldman Sachs won't be getting as big of a break from tax reform as it had anticipated, delivering another blow to its shareholders.
The "Fast Money" traders share their first moves for the market open.
Wells Fargo's Chris Harvey believes investors are underestimating the collateral damage from a cryptocurrency implosion.
Shares of IBM rose 2 percent in premarket trading after Barclays upgraded shares, saying "a new dawn emerges."
Goldman Sachs reported fourth-quarter earnings that topped Wall Street estimates, but bond trading results were uncharacteristically weaker.
Bitcoin fell below $10,000 for the first time since November, as a sell-off in cryptocurrencies continued for a second day Wednesday.
Despite all the hype, volumes and open interest have been fairly small in Cboe and CME bitcoin contracts.
Bank of America reports better-than-expected adjusted fourth-quarter earnings, but adjusted revenue falls short of expectations.
The U.S. government could shut down later this week and that could spell trouble for investors in the near term, history shows.
Bad debt and high levels of shadow banking activities are among the country's most worrisome risks.
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