Wyoming Bill Would Clear the Way for Crypto Custody at Banks

Wyoming legislators have introduced a bill to classify digital assets as property and provide banks with clarity on crypto custodial services.

Stablecoin Issuers May Need Licenses in Texas, Unlike Most Crypto Startups

A new memo by the Texas Department of Banking notes that stablecoins may fall under the state's definition of "money" and therefore would be...

Fidelity’s Man: Can Tom Jessop Bridge Crypto and Wall Street for Good?

CoinDesk profiles Fidelity's Tom Jessop, who is leading the firm's effort to link the worlds of digital assets and Wall Street.

Documents Suggest Tether Has Fiat Funds to Back Stablecoin: Report

Tether Ltd. may have the cash reserves to back up its 1.8 billion dollar-pegged tokens, says Bloomberg.

Crypto-Friendly Money App Revolut Wins EU Banking License

Revolut, provider of a mobile finance app that offers crypto trading, has been granted a banking license from the European Central Bank.

Foton Bank ICO: Decentralized Virtual Banking Ecosystem

FOTON markets itself as the financial ecosystem of the future. This decentralized virtual crypto banking ecosystem delivers instant payments via blockchain technology and contactless...

Crypto Custody? State Street Is Waiting on a Client Shift, Exec Says

State Street bank says there's no sense of urgency yet from clients for it to move into safeguarding crypto assets.

How Silvergate Became the Leading Bank for Crypto Startups

Silvergate Bank CEO Alan Lane shared his approach to serving the cryptocurrency industry with bankers at the Block FS conference.

Amber Baldet: Don’t Force Public Blockchains ‘Down Enterprises’ Throats’

Until there are well-designed privacy features for enterprise applications on public chains, it's premature for firms to use them, says Amber Baldet.

Major Banks Sign Up for New EU Commission Blockchain App Association

The European Commission, the EU's executive body, is launching a blockchain app association next year and already has major banks on board.

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