Crypto Custody
Binance Integrates With Anchorage Digital's Atlas for Triparty Banking
Binance partners with Anchorage Digital's Atlas, expanding its Triparty Banking network. Here's how it impacts institutional crypto trading.
Paxos Adds Dogecoin (DOGE) to Brokerage and Custody Platform
Paxos integrates Dogecoin into its brokerage and custody platform, opening doors for institutional and fintech adoption of the memecoin.
Texas Bitcoin Reserve ($10M) to Move From ETF to Direct BTC
Texas plans to shift its $10M Bitcoin reserve from BlackRock's ETF to direct BTC custody, seeking greater control and transparency.
Minnesota Banks to Offer Crypto Custody as Law Takes Effect Aug. 1
Minnesota's new law allows banks and credit unions to provide crypto custody services starting Aug. 1, signaling regulatory progress in the U.S.
Standard Chartered Acquires Zodia Custody Business, Plans Spin-Off
Standard Chartered to absorb Zodia Custody's crypto business and spin off Zodia Solutions under SC Ventures, advancing its institutional crypto strategy.
Coinbase Seeks Federal Trust Charter, Denies Banking Plans
America's largest crypto exchange joins Circle, Ripple, and Paxos in race for federal oversight as stablecoin regulations reshape industry
Major Banking and Financial Associations Urge SEC to Amend SAB 121 for Digital Asset Custody
The Bank Policy Institute, American Bankers Association, Financial Services Forum, and SIFMA have requested modifications to Staff Accounting Bulletin No. 121 to address challenges in digital asset custody for US banking organizations. The aim is to align provisions with recent policy developments and practical experience.
Coinbase's Custodial Role in New Bitcoin Spot ETFs Marks a Crypto Milestone
Coinbase's role in the newly approved Bitcoin spot ETFs by the SEC marks a crucial advancement in cryptocurrency's integration into mainstream finance, bringing regulatory clarity and institutional investment opportunities.
Ripple Acquires Swiss-based Metaco, Sets Sights on $10T Institutional Crypto Custody Market
Ripple, the global provider of blockchain-based payment systems, has announced its acquisition of Metaco, a Swiss provider of digital asset custody and tokenization technology.
US Regulator Crypto Custody Proposal Opposed
The US SEC's proposal to amend its custody rule has faced opposition from the Blockchain Association and Andreessen Horowitz, who have filed letters criticising the rule's impact on investment advisers and its potential to curtail investment in digital assets. The SEC's proposal would apply more stringent rules on investment advisers in the custody of assets, including crypto.