Exclusive: Bitcoin exchange itBit seeks New York banking license

By Lauren Tara LaCapra

NEW YORK (Reuters) - In a little noticed move, bitcoin exchange itBit has filed for a banking license in New York, according to the state banking authority.

Approval for the license may come in the next couple of weeks, people familiar with the matter told Reuters, which could make itBit the first bitcoin company to be regulated as a bank in the United States.

Expedia shares soar on strong bookings despite strong U.S. dollar

By Jeffrey Dastin

(Reuters) - Expedia Inc (NASDAQ:EXPE) on Thursday reported first-quarter profit that exceeded analysts' expectations as it earned more money from travel bookings in and outside the United States, despite foreign currencies falling relative to the U.S. dollar.

The online travel services company, the world's second-largest after Priceline Group Inc, posted a 19 percent rise in travel sales, or bookings, over the year-ago period. Accounting for sales shrinking abroad in U.S. dollar terms, its bookings grew 25 percent.

USAA creates research team to study use of bitcoin technology

By Gertrude Chavez-Dreyfuss

NEW YORK (Reuters) - USAA, a San Antonio, Texas-based financial institution serving current and former members of the military, is studying the underlying technology behind the digital currency bitcoin to help make its operations more efficient, a company executive said.

Old-school NYSE creates a new bitcoin index

BY SETH FIEGERMAN

The New York Stock Exchange is diving deeper into the world of Bitcoin with the introduction of a bitcoin pricing index.

The index, which will be made available through NYSE's Global Index Feed and free on its website for a limited time, is intended to serve as a definitive benchmark for valuing the currency — in the same way that the LIBOR index is used to measure global interest rates.

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