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Crypto

Citi to launch bitcoin custody service, integrate with stock and bond platform

Citi will start offering bitcoin custody services for institutional clients within this year, Cryptopolitan reported. Citi said it plans to incorporate bitcoin into Custody+, the platform its Investor Services unit uses for traditional securities. Clients will be able to view and manage traditional holdings and bitcoin in one place. The bank said the service operates on a single framework shared by tokens and traditional securities and includes features such as real-time services and instant settlement.

Crypto

AI lowers barrier to hacking, crypto industry urges opening latest models to bitcoin developers

The cryptocurrency industry has urged AI companies to expand early access to cutting-edge AI models for bitcoin developers and security staff defending open-source financial infrastructure. A public letter said defenders often cannot access AI labs’ cybersecurity programs and face guardrails on top public models, forcing reliance on lower-performing open-weight models. Signatories called for standing access programmes. The letter cited rising losses and warned vulnerabilities could threaten personal lifetime savings.

Crypto

Western Union launches stablecoin wallet and Visa card in 37 markets

Western Union has launched a digital wallet and a Visa-branded card in 37 markets that let users hold, send and spend a dollar-pegged stablecoin. Cointelegraph reported the company partnered with stablecoin infrastructure firm Rain to introduce the “Stablecard.” The product supports USDPT, a dollar-pegged stablecoin on the Solana blockchain issued by Anchorage Digital Bank. Western Union plans to expand availability to more than 60 markets by year-end.