Wall Street gets new crypto rival after Texas bank completes regulatory pivot

CoinDesk Staff

(07:09 PM UTC)

1 min read

By establishing a national charter under the executive branch, United Texas Bank said it intends to enable AI-driven payment rails to intercept global digital dollar volumes.

A forty-year-old Texas bank is stepping onto the national stage to challenge Wall Street’s push to get a grip on the digital asset industry.

United Texas Bank (UTB) secured approval from the Office of the Comptroller of the…

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