It's been less than three months since FTX collapsed in what U.S. prosecutors called one of the biggest financial frauds in American history — and a former top executive is eager to get it all behind him and move on to his next big thing.

LevelField CEO Gene Grant says its strategy for merging with Burling Bank is super-conservative, despite an intention to serve the digital-asset community. "We've taken everything out of the business plan" that might give regulators pause, he says.

House Financial Services Committee Chairman Patrick McHenry, R-N.C., said that if legislation would increase spending, lawmakers need to offset that spending within the committee's jurisdiction.

Coinbase won dismissal of a lawsuit by consumers alleging the cryptocurrency exchange facilitated the sale of unregistered securities on its platform.

Twitter signals plan for payments, Barclays opens banking pods as a branch alternative, and more. Here's what's happening around the world.

One of the few crypto companies to receive a banking charter from the Office of the Comptroller of the Currency, Anchorage is putting more people and resources into compliance.

The company wants to get bids in as quickly as possible to take advantage of current market conditions, a lawyer for the crypto lender said.

From BNY Mellon to the mutual fund giant Fidelity Investments, BlackRock and Nomura Holdings, members of the Wall Street establishment are planning for a future in digital assets.

A senior Commodity Futures Trading Commission official says the agency needs the power to approve or reject an unregulated company's acquisition of a derivatives exchange.

Gemini Trust, the crypto exchange run by the Winklevoss brothers, hired a fintech veteran as new head of finance even as it undergoes another round of layoffs and deals with uncertainty over whether users of its Earn program will get their money back.

Ripple promotes GM to president, Visa's tipping-tech tie-up and more in banking news this week.

Moody's is working on a scoring system for stablecoins, the crypto sector's most traded tokens, as the asset class grows and faces increased scrutiny from regulators and investors.

The collapsed crypto exchange FTX owes money to a dizzying assortment of firms including Goldman Sachs Group and JPMorgan Chase, according to bankruptcy court documents.

Sen. Elizabeth Warren said Silvergate's connection with crypto and the traditional banking system raises the specter of a crypto collapse.

The bankrupt crypto lender BlockFi plans to sell about $160 million of loans backed by around 68,000 bitcoin mining machines, according to two people familiar with the matter.

Binance Holdings, the world's largest crypto platform, acknowledged that it mistakenly keeps collateral for some of the tokens it issues in the same wallet as exchange customer funds.

Gemini Trust Co. is eliminating another 10% of its workforce, according to a person familiar with the matter, as the digital-asset firm founded by the billionaire twins Tyler and Cameron Winklevoss remains pressured by a monthslong industrywide slump.

Ethereum co-founder Vitalik Buterin has proposed a new system that would allow the blockchain's users to generate obfuscated addresses and receive funds privately on the network.

Several providers, including BlockFi and Celsius, have filed for bankruptcy in recent months. But this does not necessarily spell gloom and doom for the industry.

The crypto rebound has gained so much speculative vigor that even tokens torpedoed last year by their dependence on the discredited mogul Sam Bankman-Fried have rallied, with some more than doubling this month.