Cryptocurrency startup Circle is in talks to become registered in the U.S. as a licensed bank and brokerage, according to a report.
A person with knowledge of the situation said all major banks are likely to be weighing the same decision.
Regulation-friendly infrastructure makes 2020's bitcoin market stand out from the Wild West of 2017.
Riot Blockchain announced it would "investigate" creating a crypto exchange and futures product after acquiring a registered brokerage.
The TMX Group announced Shorcan Digital Currency, a brokerage exclusively for cryptocurrencies on Thursday.