The Japanese government, for example, has put in place friendly regulations towards cryptocurrencies which have seen an increased use of digital currencies in payments of goods and services. (crypto-lines.com)
The recent rally in bitcoin price can be attributed to increasing interests in digital currency for both investors and institutions. (bit-media.org)
Despite all the replies, as per Coinbase's website they are insured for digital currency as well as fiat. (reddit.com)