Cryptocurrency firms, armed with cash and in need of regulatory experience, are poaching U.K. cybercrime cops with offers of double or triple pay.

Crypto exchange woes, third-party vendor hacks and the threat of theft of inside information are among the concerns keeping chief information security officers up at night, according to a new survey.

Goldman Sachs Group offered its first ever lending facility backed by bitcoin, in a significant step for a major U.S. bank that accelerates Wall Street's embrace of cryptocurrencies.

As efforts to regulate the rapidly growing cryptocurrency market increase, some observers are raising concerns about the rising number of U.S. lawmakers beginning to dabble in digital assets.

Custodia Bank (formerly Avanti Bank) and Kraken Bank have been in a holding pattern for two and a half years as they wait for Federal Reserve master accounts.

Moves by financial heavyweights — and one banker’s profile reinvention — underscore how far Wall Street firms have come in accepting cryptocurrencies.

Anchorage Digital Bank has an inadequate AML compliance program and will have to create a committee within 15 days to develop a remediation plan and submit progress reports, according to the Office of the Comptroller of the Currency.

Britain’s prior approach to regulating financial technology has been held up as the de facto bar, industry executives say — but on crypto, its more risk-averse outlook has stymied the sector’s growth. 

Robinhood Markets agreed to acquire Ziglu, a London-based crypto and payments company, ending the U.S. brokerage’s long pause on international expansion.

The Federal Reserve has hired five executives from the stablecoin issuer Circle and at least one employee of Ripple since 2019 as part of its technology-focused recruiting efforts. It plans to do more hiring in the years ahead to aid its work on faster payments and central bank digital currencies.

Interest in digital assets is on the rise following an executive order from the White House and a recent report from the Fed.

Celebrities on the investor roster include Ashton Kutcher, Justin Bieber, Steve Aoki and Gwyneth Paltrow. 

Mick Mulvaney, who worked as acting White House chief of staff for former President Donald Trump, has joined the crypto compliance firm Astra Protocol as a strategic advisor.

A few months after cutting ties with its Diem stablecoin project, the company formerly known as Facebook is testing a virtual world marketplace.

The crypto payments startup Circle Internet Financial said it’s closer to submitting an application to operate as a bank in the U.S., pushing forward with a months-old plan even as regulators make it more difficult for crypto companies to secure this kind of license.

Circle Internet Financial, the issuer of USD Coin, the second-largest stablecoin, landed $400 million in funding from a group that includes BlackRock and Fidelity Management and Research, a sign of traditional finance’s growing acceptance of the exploding cryptocurrency industry.

People with a wealth of crypto holdings are loath to trigger a taxable event by cashing out. But they still represent a sizable market for the payments industry, according to the bank and fintech. "Demand for transacting in crypto is building, and we're preparing," said GreenBox CEO Fredi Nisan.

Circle Internet Financial has conducted a number of “state visits” to the U.K. in the last year, flying over its most senior executives to engage with government, regulators and industry bodies with a view to expanding its business in the region.

The acting comptroller pushed back against a key feature of Sen. Pat Toomey’s stablecoin proposal, and the idea that stablecoins could be regulated as money market funds

The billionaire entrepreneur Peter Thiel called Warren Buffett, Jamie Dimon and Larry Fink members of a “finance gerontocracy” opposed to a “revolutionary youth movement” that embraces Bitcoin.