Bitcoin

The largest digital token has posted gains of more than 9,000,000% since July 2010, according to data compiled by Bloomberg.

The bank sees digital assets as part of the future and "we want to be there when this happens," says Ralph Achkar, head of digital product development and innovation.

Bitcoin may have a tough time getting out from under the fallout from one of the biggest cryptocurrency scams ever, according to researcher Chainalysis Inc.

A closer look at Bitcoin holdings data shows a potentially troubling trend among the anonymous accounts -- increased consolidation among large owners.

Three men were charged by U.S. prosecutors with helping run a $722 million cryptocurrency fraud that amounted to a “high-tech Ponzi scheme.”

The bank may extend advisory service to clients with as little as $5,000 to invest; trading of the cryptocurrency has plunged.

The $26 billion all-stock deal has the OK of the boards from both companies; the administration says it will move on privatization without federal backing.

Yet that figure is relatively low compared with other digital assets such as bitcoin, according to the fintech Elliptic.

As deployments accelerate it's hard to ignore the validity of cryptocurrency. But there's still work to do, says Polyient Labs' Brad Robertson.

Global stablecoins could hurt financial stability if they are improperly designed and unregulated, according to a Fed report.