The cryptocurrency’s price is up about 40 percent this year, inching closer to its pandemic-era high of nearly $69,000 per coin, and vindicating those who held on through recent lows.

Three agencies aim to keep traditional banks from getting too involved in cryptocurrency, which has lost value and seen corporate meltdowns.

FTX operated outside the confines of traditional regulations, and its customers are unlikely to recover their funds, says Semafor’s Liz Hoffmann.

The Securities and Exchange Commission isn’t the only agency that could do it.

And companies may have good reasons not to.

The debut of the cryptocurrency ETF is a first. But like bitcoin itself, the value of the asset could be volatile.

The U.S. is reportedly investigating price manipulation in digital currencies.