Banks like JPMorgan Chase, Goldman Sachs, and Wells Fargo are reporting blockbuster profits today, but their earnings reports are being overshadowed by a milestone moment for the crypto industry as Coinbase – the first major cryptocurrency company in the U.S. to go public – began trading on the Nasdaq.

Signal, the messaging app that enables privacy via encryption, is testing a feature in the U.K. that will allow users to send currency to each other through the MobileCoin wallet and cryptocurrency MOB.

Payments giant Visa says it’s allowing transactions to settle using cryptocurrency USD Coin (USDC), a stablecoin whose value is tied to the U.S. dollar.

Coinbase, the cryptocurrency exchange which recently filed paperwork to go public through a direct listing, is battling a growing number of complaints from clients who say they’re locked out of their accounts or can’t get answers to simple customer-care questions.

BitClout, a crypto social network that allows participants to buy and sell tokens based on people’s reputations, will launch out of beta this week. It is centered around possibilities to invest in a measure of individuals’ credibility and recognition.

PayPal is reportedly planning to buy crypto custody firm Curv, at a price tag of between $200M and $500M, several news outlets reported.

Coinbase just filed its paperwork to go public through a direct listing, becoming the first cryptocurrency exchange that will list on the Nasdaq.

While gross payment volume and net revenue fell short of expectations, Square, in its fourth-quarter earnings report, said Cash App monthly users grew to 36 million in December, or 50% year-over-year.

The Federal Reserve Bank of Richmond has appointed Sunayna Tuteja, TD Ameritrade’s former head of digital assets and distributed ledger technology, as its chief innovation officer.

A week after Canada’s central bank confirmed that its plans for a central bank-backed digital currency (CBDC) have accelerated during the pandemic, government-backed digital currencies cleared hurdles in two other markets.

As consumers transact digitally en masse during the pandemic, Canada’s central bank is accelerating its central bank-backed digital currency (CBDC) efforts.

Tesla, whose CEO Elon Musk has been tweeting in support of bitcoin and dogecoin, confirmed on Monday, Feb. 8 that the company has invested $1.5B in bitcoin and will accept the cryptocurrency as a payment method in the future.

PayPal, which launched capabilities to buy, sell, and hold cryptocurrencies last October, said it’s seeing strong crypto transactional activity and plans to grow a recently-launched unit dedicated to the rollout of these offerings.

Visa this week inked a partnership with First Boulevard, a challenger bank aimed at the Black community, to allow First Boulevard to pilot Visa’s new suite of crypto APIs.

Ripple, the company behind cryptocurrency XRP, has formally responded to a Securities and Exchange Commission (SEC) lawsuit filed in December that alleged that the company conducted a $1.3B unregistered securities offering.