Banks and crypto firms just teamed up to launch a fresh kind of dollar coin called fUSD. Unlike most stablecoins that sit idle without growing, this one gives big institutions a small cut—around 3% per year—if they play by specific rules. The coin is built on existing tech used by trading desks and
A mid-sized bank in Texas just flipped the script on how U. S. finance handles digital money. United Texas Bank quietly earned a national banking license in May, giving it the same power as Wall Street giants like JPMorgan or Bank of America. Unlike those traditional firms that still treat crypto li
In recent months, several firms that once challenged banks are now applying for bank licenses. They want to move from being payment or crypto services into full banking operations. The applicants include well‑known names such as PayPal and the buy‑now‑pay‑later company, along with the three major D
A bank that exists mostly as computer software is getting ready to open in Dallas. This isn’t a regular bank with tellers and vaults. Instead, it plans to handle money transfers, hold digital coins, and process payments using blockchain technology. The bank got the green light from U. S. regulators
European banks are stepping into the crypto world, but they’re doing it in a way that keeps customers inside familiar systems. The first big move happened in Belgium when KBC, the country’s largest bank‑insurance group, let people trade Bitcoin and Ether on its own platform, Bolero. The key is that
Big banks are stepping up to help digital money grow. A top banker said that many people will start using crypto when banks show how it fits into everyday banking. He believes that a bank’s network can link new digital coins to the normal world of loans and savings. The idea is that banks a
BlockFills, a Chicago‑based crypto trading house, announced it is filing for Chapter 11 protection in Delaware after months of financial strain. The firm had stopped letting customers withdraw funds on February 6, citing a lack of liquidity that could not be fixed by new investors or buyers. The
Citigroup is working on a new service that will let investors keep bitcoin in the same kind of secure account they use for stocks and bonds. The idea is to make the digital currency feel as safe and easy to manage as any other asset. The bank’s chief of digital‑asset custody said the new offering w
Custodia Bank, a financial institution specializing in crypto, is not giving up easily. They just took a big step by asking all the judges in the Tenth Circuit Court to take another look at their case. The case is about getting a master account with the Federal Reserve, which they were denied. This
A small bank in Texas has made a surprising move into the world of cryptocurrency. Monet Bank, once a community bank, is now calling itself an "infrastructure bank" for digital assets. This shift is part of a bigger trend where traditional banks are starting to embrace crypto. Monet Bank is not a g
