Move over, stablecoins; a new type of blockchain-based currency could take precedence, a bank report finds.

Bank of England releases digital pound details, CBA adds anti-scam tech, and more. Here's what's happening around the world.

As the cryptocurrency mania raged, Congress took a hands-off approach, keeping the fast-growing industry in legal limbo as it spawned startups and drew billions of dollars from investors. That's left it to the courts to deal with the wreckage.

A former Coinbase Global manager admitted participating in a scheme to trade on confidential information about when the exchange was going to list new tokens.

SEBA Bank, a crypto bank backed by Julius Baer Group Ltd., hired an ex-JPMorgan Chase banker as its Asia Pacific chief executive.

Bank of England and the U.K. Treasury stepped up work on creating a digital currency to sit alongside physical banknotes and sought to allay concerns that the work could threaten the stability of banks.

Signature Bank was accused in a lawsuit by an investment firm of facilitating the FTX collapse by allowing the now-defunct crypto exchange to commingle customer accounts with its blockchain network.

Binance, the world's largest cryptocurrency exchange, said it's temporarily suspending deposits and withdrawals of U.S. dollars using bank accounts, and will work to restart the service soon.

Without proper oversight of cryptocurrency exchanges, we will continue to see hucksters and dilettantes making off with customers' funds.

Republicans have increasingly negative views of banks, while the banking industry is finding modest, but growing common ground with Democratic lawmakers.