Blockchain's potential for revolutionizing the world’s payment systems has captured the imagination in recent years, and last month Santander became the U.K.'s first bank to use the technology to create a new international payments service.

Even though legalized cannabis and cryptocurrency payments are still vexing markets by themselves, WebJoint and Alt Thirty Six are quickly looking to take their combined dispensary play to other businesses.

Fintechs attending Consensus 2018, the annual cryptocurrency event, said they found promise for a market still trying to find a path to unified operations and wider acceptance within financial services.

Both executives have changed the cryptocurrency narrative with supportive statements, but attracting merchants to a payments market will require work.

For cryptocurrency entrepreneurs in particular, many of whom are just developing the anti-money laundering programs they are required to have under other FinCEN rules, the CDD rule is worth taking note of, writes Laurel Loomis Rimon, senior counsel at O'Melveny & Myers LLP.

Jack Dorsey, speaking to a crowd of cryptocurrency enthusiasts, showed he was completely in sync with their view that digital currencies are the way of the future.

Bitcoin has morphed into a store of value rather than the “digital cash” of its original promise, and we’d be naïve to think it wouldn’t stray from its original plan. Bitcoin cash has the potential to act as a vehicle for cryptocurrency's original intent, writes Nishant Sharma, Bitmain's international marketing manager.