The “retail banking product” aims to eliminate the friction that consumers experience when trying to send funds to crypto ...

Crypto exchange Bybit plans to start offering banking services with the launch of accounts that will let customers hold balances in US dollars and other fiat currencies.

The exchange is working with local banks like Pave Bank to enable fiat-to-crypto conversions and encourage digital asset adoption.

Bybit said it will launch personal bank accounts with IBANs next month, letting users deposit fiat, pay bills, receive ...