The Big Coin ReportToday's Briefing
Business & Regulation·Bitcoin Magazine· 13h ago

★Citadel-Backed EDX Markets Applies for US Trust Bank Charter to Expand Crypto Services

Strategic Analysis // Ian Gross

"EDX Markets' pursuit of a trust bank charter signals a strategic move by established financial players to integrate traditional banking infrastructure with digital asset trading. This initiative could significantly de-risk institutional crypto engagement, potentially unlocking substantial capital flows by providing regulated custody and settlement solutions within a familiar framework. It also foreshadows increasing convergence between traditional finance and crypto market structures, driven by regulatory clarity and institutional demand."

Human-Vetted Professional Intelligence

The Big Coin Report Take

EDX, backed by the usual suspects, is seeking a US trust bank charter. Apparently, even the big players want a piece of traditional finance legitimacy, or at least its regulatory umbrella, for their crypto ventures. Some things never change.

Read full article on Bitcoin MagazineBack to today's briefing

Related Guides

Crypto Regulation Tracker

Live tracker: US Clarity Act, EU MiCA II, and global regulatory developments.

Not financial advice. The Big Coin Report aggregates news for informational purposes only. Nothing on this site constitutes investment advice. Cryptocurrencies are highly volatile. Always do your own research and consult a qualified financial advisor before making any investment decisions. Full disclaimer →

Never miss a story

More from this section