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FDIC Approves Square for Banking License with Proposed Conditions

The Federal Deposit Insurance Corporation (FDIC) gave the green light to an application from the FinTech firm Square to create a de novo industrial bank in Utah, the agency said on Wednesday

Digital Asset Bureau

March 19, 2020

37

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Wells Fargo to Pilot Dollar-Linked Crypto-Stablecoin for Internal Settlement

U.S.-based financial banking giant Wells Fargo is developing a U.S. dollar-linked rypto-stablecoin that will run on the firm’s first blockchain platform.

Digital Asset Bureau

September 17, 2019

35

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