US Fed Clears Way for Crypto Banks to Operate Central Banking System – The United States Federal Reserve announced on Monday that it will release final instructions for new financial…

Crypto lender Nexo said it has teamed up with global payments company Mastercard (MA.N) to launch on Wednesday what it calls the world’s first “crypto-backed” payment card.

Crypto has taken a beating lately, with bitcoin and other currencies shedding a huge amount of their value.