Banks, fintechs and credit unions are cautiously investing in technology and customer experience as next year's economy remains uncertain.

The top U.S. financial regulators are worried about the prospect of deeper ties between digital-asset firms and Wall Street.

The crypto exchange Binance.US will buy Voyager Digital's assets out of bankruptcy in a deal worth $1.022 billion, a discount to an earlier, failed sale struck with FTX.

Investors are learning the hard way, again, that highflying new financial products, with little or no regulatory oversight, tend to crash.

The framework has little immediate impact in the U.S., where banks are broadly prohibited from crypto-related activities, but it establishes a baseline for future regulatory efforts.

Goldman mulls deeper cuts, FDIC names fund leaders and more in banking news this week.

Mazars Group, the accounting firm used by the crypto giant Binance Holdings and other big players in the industry to vouch for their assets held in reserve, has halted all work for crypto clients, dealing a blow to an industry seeking to shore up confidence in the wake of FTX's collapse.

Customer outflows from Binance's cryptocurrency trading platform are slowing, according to blockchain data from two digital-asset analytics firms.

With skepticism about cryptocurrency growing among members of Congress, a handful of lawmakers, including Republican Sens. Cynthia Lummis of Wyoming and Pat Toomey of Pennsylvania, are trying to convince colleagues that the FTX fiasco doesn't diminish the underlying value of digital currency.

Banks must seek and obtain prior approval before engaging in cryptocurrency-related activities, and those that already engage in such activities must immediately notify the agency, the New York State Department of Financial Services said.