It began as an app for teens, but Current had its eye on cryptocurrency-related services from the start. The goal is to improve on the products it offers customers, such as above-market interest rates.

Citizens' overdraft break, Warren's digital-dollar push and more in banking news this week.

BCC Group, BCware and Synadia will jointly develop Web3Link, which the companies say will help banks deploy smart contracts that work with their existing technology and decentralized finance environments.

A push by Republican Sen. Cynthia Lummis, one of the crypto industry’s staunchest supporters in Congress, to write a new law for digital assets is getting the support of at least one Democrat.

The digital payment company, which recently got back into digital assets after a multiyear hiatus, has launched a suite of merchant services and industry partnerships to support payments and risk management.

The Bank of England called on policymakers to beef up the global framework for regulating cryptocurrencies to prevent them from threatening the wider stability of financial markets.

Nellie Liang, the Treasury Department's under secretary for domestic finance, said there’s consensus on the risks posed by digital assets. But she was vague about how much progress has been made in discussions between the administration and lawmakers about toughening the regulatory system.

The children's research hospital is tapping into the fast-growing market for digital currency donations and NFT sales to appeal to millennials, who are more likely to have crypto investments.

In global news this week, 7-Eleven puts holograms at the point of sale; the U.K. shores up security for online payments while cracking down on Bitcoin ATMs; and more organizations find ways to send aid to Ukraine.

Gauntlet, a financial-risk modeling platform for crypto lending, raised a new round of funding that pushed its valuation to $1 billion.