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Abra announces plans for US bank supporting digital assets

Cryptocurrency trading platform Abra said it was “in the process of” establishing a United States-based state-chartered bank allowing clients to deposit digital assets. In a Monday announcement, Abra said the bank, named Abra Bank, would be regulated to operate within the U.S. and give customers the ability to use digital assets in seemingly the same way as fiat at traditional banks. The company also planned to launch Abra International, a digital asset-focused business based outside the U.S. “The best way to become the default Web3 wallet and crypto bank for everyone is by embracing a global regulatory framework that provides for transparency, oversight, security, and agency,” said Abra. We have some BIG news. Today we’re announcing the formation of Abra Bank and the launch of Abra Boost,...

Boys Noize Lends Sample-Heavy Production to ABRA and Playboi Carti On “Unlock It”

After opening the door to her first major label release on RCA Records, ABRA has returned with Playboi Carti for “Unlock It.” The track marks ABRA’s first single in nearly a handful of years, and with it she brings an optimistic new tone and brisk production from Boys Noize.  As ABRA shines over the crisp production with angelic falsettos, the underlying production is dotted with lo-fi, soulful vocal ad-libs that will have 90’s hip-hop fans feeling nostalgic. The track also features a verse from the always unpredictable Playboi Carti, who ABRA says played a role in inspiring the next leg of her journey. Recommended Articles Fans of Boys Noize have been enlightened to the producer’s keen ear for smooth R&B with the advent of the moody &#...