U.S. Bancorp said this month it would relaunch its crypto custody service through a partnership with NYDIG, a bitcoin trading and banking firm
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Crypto Knocks on the Door of a Banking World That Shut It Out
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Brian Moynihan, Bank of America CEO, said the bank would issue its own stablecoin if a legal framework is established, as crypto firms like Circle and BitGo seek bank charters to compete with traditional institutions in stablecoin issuance and custody services
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