Stablecoin issuer Paxos to acquire wallet startup Fordefi for more than $100 million | Fortune
Paxos acquired Fordefi for more than $100 million to expand into DeFi and provide customers with custody and wallet solutions for decentralized finance.
Crypto Allowed To Be Held By Banks For Blockchain Fees: OCC
National banks may hold limited crypto to pay blockchain network fees and test platforms, provided risk controls are in place and holdings remain minimal relative to capital.
SoFi Enters The Bitcoin Era As First U.S. Bank To Offer Crypto Trading
SoFi Technologies is the first U.S. nationally chartered bank to offer retail crypto trading, custody, and holding directly within customers' bank accounts.
Fidelity lets customers withdraw crypto to external wallets and offers a physically backed Bitcoin ETP to UK retail clients after the FCA lifted the ban.
21bitcoin Launches Europe's First Bitcoin-Backed Loan Pilot
21bitcoin, VR Bank Bayern Mitte, and Sopra Financial Technology launched a European pilot to create an institutional-grade, MiCAR-compliant Bitcoin-backed, white-label credit product for banks.
Citi To Launch Bitcoin And Crypto Custody Service In 2026
Citi plans to launch a crypto custody service by 2026 to hold native bitcoin and other cryptocurrencies for clients amid a friendlier U.S. regulatory climate.
Citi plans to launch crypto custody services and pursue stablecoin initiatives as U.S. banks expand regulated digital-asset offerings amid evolving law and demand.