Payment provider innovation across remittances, B2B payments, and retail card and noncard payments is setting a long-term growth runway. In the short term, providers must navigate a host of obstacles to enable more crypto users to become crypto payers—and so far they’re succeeding.

The launch is well-timed—crypto regulation is gaining momentum, which could alleviate a major adoption concern.

More US consumers are buying things with crypto, and the window for early mover status is closing.

An Ethereum expert was given a prison sentence for helping North Korea use cryptos to evade US sanctions.

In 2021, cryptocurrency accounted for $6.10 billion worth of transactions worldwide, up 177.3% from $2.20 billion the year before. Come 2023, crypto transaction value will hit $16.16 billion as more businesses accept these digital currencies as payment.

The FDIC wants insured banks to report their crypto actions, while states look to exempt companies in the space from certain regulations.

On today's episode, we discuss how many people are cryptocurrency owners, which direct-to-consumer companies are leading the category, and what Meta's overall ad revenues total up to. "In Other News," we talk about the number of people who aren't using the internet and whether consumer enthusiasm for DoorDash will remain high. Tune in to the discussion with our analysts Whitney Birdsall and Nazmul Islam.

Block’s Jack Dorsey announced three new services at the Bitcoin 2022 conference aimed at streamlining Bitcoin investing and purchasing.

Bolt acquired crypto startup Wyre Payments to help it stand out in the highly competitive one-click checkout space.

In the US, higher-income millennials are more likely to own cryptocurrency than their lower-earning peers. Some 61% of those making at least six figures per year own crypto, while just 25% of those earning less than $50,000 hold Bitcoin or the like. Gender plays a role as well—half of millennial men hold these digital currencies, while only one-fifth of women in that age group do so.

Chainalysis recommended steps for fighting sanctions evasion and long-term measures to revamp how the government addresses crypto-related crime.

The payments firm partnered with FTX and launched a new API service aimed at attracting crypto firms.

Startup investment firm ​​Bain Capital Ventures launched a $560M fund focused exclusively on crypto projects.

Companies in several markets are offering crypto products that act like bank accounts, and regulators have taken notice.

Neo Financial will offer regular investors exposure to cryptos, real estate, and hedge-fund style approaches.