The crypto ambitions of large technology companies are drawing concern from the Consumer Financial Protection Bureau.

Revolut’s Chief Revenue Officer Alan Chang is leaving the U.K. financial technology startup for a new cryptocurrency venture and is seeking to raise roughly $100 million in financing.

Jamaica plans to give $16 of free money to the first 100,000 citizens who use its soon-to-be-launched Jam-Dex digital currency.

A Biden administration cryptocurrency executive order strikes the right balance between encouraging responsible innovation and addressing potential risks to consumers and the broader financial system, Treasury Secretary Janet Yellen said in a statement posted to the Treasury Department’s website Tuesday night.

The president is set to sign an executive order Wednesday directing federal financial regulators to address risks associated with digital assets and explore the establishment of a digital currency.

The business of influencing cryptocurrency policy in Washington exploded last year and has more than quadrupled in the past four years, according to a new study.

President Biden is set to sign an executive order this week that will outline the U.S. government’s strategy for cryptocurrencies, according to several people familiar with the administration’s plans.

The cryptocurrency trading platform said it blocked wallet addresses related to Russian individuals or entities that it believes to be engaging in illicit activity.

Sendi Young, the blockchain company's European managing director, discussed how a partnership with fintech Modulr supports its ongoing efforts to streamline money movement in a world where many payment rails predate the modern internet.

President Biden’s four nominees to join the Commodity Futures Trading Commission told lawmakers that the main U.S. derivatives overseer should take on new responsibilities regulating cryptocurrencies.

As governments tighten restrictions to punish Ukraine’s invaders, cryptocurrency could be a way out — but it’s hard to do without getting caught.

LendingClub is resisting pressure from stakeholders to jump into cryptocurrency as it completes a bank acquisition and works to introduce more traditional financial products.

Alternative lenders should be held to the same standards as banks under the Community Reinvestment Act and other laws, M&T CEO René Jones argued in a letter to shareholders.

The Credit Union National Association kicked off its first in-person governmental affairs conference in two years with members sharing concerns about data-privacy rules, cryptocurrency, prospects for industry growth and the potential economic fallout of war in Europe.

Wall Street gets an automated nonfungible tokens machine, credit union arrivals and departures, and more in banking news this week.

The firms are working to make this subset of cryptocurrency — which is designed to avoid wild swings in valuation — easier to adopt and more useful for routine transactions by focusing on "last mile, or user experience layer," says Jeremy Allaire, Circle's CEO.

Block, the digital payments firm run by Jack Dorsey, reported strong quarterly sales that were in line with expectations but failed to impress investors.

A group of engineers and traders at the crypto prime brokerage SFOX are working on a way to expand access to Bitcoin for banks and big investors. 

People are increasingly moving between jobs in crypto and the government agencies that police the industry, raising potential conflicts of interest that could undermine efforts to rein in the sector, according to a watchdog group.

Super Bowl ads' impact, another overdraft-fees ouster, and more in banking news this week.