Banks, credit card companies and digital payments processors are nervously watching the push to create an electronic alternative to the paper bills Americans carry in their wallets, or what some call a digital dollar and others call a Fedcoin.

The former acting comptroller of the currency will help the technology company move its secure data exchange technology into the financial market.

Binance Holdings, the world's largest cryptocurrency exchange, has named prominent former U.S. politician Max Baucus as a policy and government relations adviser.

Some bank regulators are allowing companies that offer digital currencies to apply for a charter, potentially giving them a path to the Federal Reserve system without proper oversight.

PayPal Holdings Inc. said it will acquire the cryptocurrency firm Curv as it seeks to beef up its talent pool for handling digital currencies.

Some bank regulators are allowing companies that offer digital currencies to apply for a charter, potentially giving them a path to the Federal Reserve system without proper oversight.

PayPal Holdings Inc. is in talks to acquire the startup Curv, which helps companies transfer and store digital currencies.

The insurance industry has shied away from crypto, but as the market gets larger opportunity will arise for insurers, says InsuranceQuotes.com's Brian O'Connell.

Governments are digitizing money, creating a need for banks to provide rails to connect consumers and central banks.

Citing strong client demand, the nation's largest custody bank is building infrastructure and a team that can help clients store and manage bitcoin and many other types of virtual currency and tokenized assets.