Citibank to Enter Crypto Custody in 2026

▪️ According to CNBC Citibank plans to roll out a crypto custody (the bank holds customers’ coins) service in 2026.

▪️ U.S. Bank has resumed Bitcoin custody, while JPMorgan and Morgan Stanley are pursuing support for stablecoins and trading.

▪️ After the SEC approved BlackRock’s and Fidelity’s Bitcoin and Ethereum ETFs, banks’ interest has grown, and a major bank consortium is reviewing 1:1 reserve digital money.