The appointment brings a veteran of a major credit card network player to the company’s board at a time when cryptocurrency firms are looking to establish higher trust and credibility.

President Donald Trump signed an executive order that looks to clarify regulations on the cryptocurrency and digital assets industry while blocking a central bank digital currency.

Banking institution Morgan Stanley’s CEO Ted Pick commented in the World Economic Forum annual meeting in Davos that the bank was ready to work with financial regulators to explore options for greater ...