VastBank became the first bank in the United States to obtain federal law allowing its customers to trade digital currency.

Golden Financial announced that Vast Bank has become the first accredited bank in the United States to allow its customers to exchange and store digital assets. Consumers can now buy, sell, and store eight cryptocurrencies directly through FDIC-insured bank accounts, including Bitcoin, Ethereum, Litecoin, Cardano, Filecoin, Orchid, Bitcoin Money, and Algorand. Banks offer quick payments to buyers and sellers of these tokens.