The financial services and crypto trading firm Abra has announced that it will launch a U.S. chartered bank, and will also offer yield on crypto deposited by customers. First regulated digital asset b...
Tag: statechartered
New Virginia law allows state-chartered banks to custody crypto
A Virginia bill allowing state-chartered banks to provide custodial services for “virtual currency” was approved by Governor Glenn Youngkin on Monday. The law, which will come into effect on July 1, w...