Digital Assets

The federal banking regulator issued conditional approvals for national trust bank charters for Bastion Platforms, Agora and Catena Labs on the same day.

The stablecoin issuer is the latest digital asset company to release its blockchain network to the public for financial institutions to use.

The payments fintech announced that it has applied for a national trust bank charter from the OCC for both bitcoin and stablecoin custody.

OpenReserve, a proposed digital bank built by former MoneyLion executives, is the next bank seeking to bring digital asset technology to institutional banking.

The digital bank announced a collaborative partnership with the crypto exchange platform as it continues to expand its overall digital asset strategy.

The crypto firm has resubmitted its request for a national trust bank charter from the federal agency after its first filing was quietly returned.

The crypto company made the acquisition to expand its institutional platform after it received approval from the OCC for a national trust bank charter.

Whether individually or through consortia, the stablecoin alternative is starting to pick up steam.

The BankChain Alliance has signed up 40 state bankers associations, which are bringing along many of their nearly 4,000 members.

The march toward tokenization of assets includes a storied Wall Street firm offering its latest fund on four distributed ledgers.

World Liberty Financial, a digital asset venture co-founded by members of the Trump family, received conditional approval for a national trust bank charter.

The agency quietly returned the digital asset company's national trust bank charter filing without issuing a decision. Zerohash plans to refile this month.

Having a trust bank will allow the stablecoin company to offer custody products and to have flexibility in where and how it issues its stablecoins.

The latest in a new breed of bank competitors is Zaria, a servicer of traditional and digital asset-backed loans for institutions, which has requested a national trust bank charter from the OCC.

The remittance company and stablecoin payments platform Rain are launching Stablecard, a digital wallet and Visa secured credit card backed by Western Union's stablecoin, the U.S. Dollar Payment Token, or USDPT.

The neobank is the latest fintech to file a de novo trust bank charter application ahead of the GENIUS Act formally taking effect.

The lender reported a 40% increase in net revenue, but operating expenses and an uncertain interest rate environment held it back from increasing outlooks.

For banks, getting ahead in the digital asset race may be less about picking a winner and more about playing the field.

A surge in bank charter approvals for fintechs and crypto firms creates new risks for sponsor banks.

The stablecoin issuer has received final approval from the federal agency to open a trust bank division for custody of digital assets.