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
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
Bitcoin holders now have more options to use their assets. Mezo, a platform for Bitcoin finance, has teamed up with Anchorage Digital. This partnership aims to make Bitcoin more useful for big investors and companies. Mezo lets people borrow money using their Bitcoin as collateral. They can get loa
LevelField Financial Inc. is making waves in the financial world. They just got the okay from Illinois to buy Burling Bank. This is a big deal because LevelField wants to create a bank that works with both regular money and digital currencies like Bitcoin. But before they can celebrate, they need on
In recent years, the crypto world has faced a tough challenge: getting kicked out of the banking system. This wasn't just a small issue; it was a big problem for many companies, from small startups to big exchanges. They often didn't even get a clear reason why their bank accounts were shut down. T
