A billionaire who's been backing Trump is rolling out something pretty significant in the crypto space. Word is they're launching a federally chartered crypto bank—yeah, you heard that right, federal charter. The institution goes by the name Monet Bank.

This isn't just another crypto-friendly bank trying to work around regulations. We're talking about a legitimate federal banking charter, which puts it in a completely different category from most crypto operations. Getting that kind of regulatory approval is no small feat, especially in the current climate where regulators have been pretty cautious about crypto.

The timing's interesting too. With shifting political winds and certain billionaires positioning themselves closer to power circles, moves like this could signal what's coming for crypto integration into traditional finance. A federally chartered bank dealing with digital assets? That's the kind of bridge between old money and new that people have been talking about for years.

Monet Bank. Keep that name on your radar.