A billionaire supporter of the former president is reportedly launching a federally chartered cryptocurrency banking institution named Monet Bank. This development marks a significant step in bridging traditional finance with digital assets under federal oversight. The move signals growing institutional acceptance of crypto infrastructure within regulated banking frameworks. Details about operational timelines and specific services remain limited at this stage.
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DataOnlooker
· 5h ago
monet bank? Sounds like another attention-grabbing concept. You only realize how complicated it really is when it actually gets implemented...
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fren.eth
· 5h ago
Monet Bank sounds pretty good, but I still want to see how it actually gets implemented... Just saying it's federally chartered doesn't feel like enough—the key is exactly how it makes money.
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GasWaster
· 5h ago
lmao monet bank? more like "pay-whatever-gwei-they-demand bank" 💀 federally chartered just means you'll be bridging at peak network congestion, guaranteed. watched this movie before, fees always win
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DegenMcsleepless
· 5h ago
Monet Bank? It sounds very much like a Web3 aristocrat, but can it really navigate the federation's approval process... Feels like it might get stuck for a while.
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ChainSherlockGirl
· 5h ago
Uh, so is this the so-called "political-financial alliance" starting to materialize? From my analysis, this guy might be making a major strategic move...
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ContractFreelancer
· 5h ago
Monet Bank? What new crypto gimmick is this... But the part about a federal license does sound a bit legit. Maybe this time it really is different.
A billionaire supporter of the former president is reportedly launching a federally chartered cryptocurrency banking institution named Monet Bank. This development marks a significant step in bridging traditional finance with digital assets under federal oversight. The move signals growing institutional acceptance of crypto infrastructure within regulated banking frameworks. Details about operational timelines and specific services remain limited at this stage.