State Street, a Boston-based custody bank with $49 trillion in assets under its watch, is pushing deeper into digital assets by joining …
custody
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Finance
StablesLabs Praises Citibank’s Plan to Move into Stablecoin & Crypto ETF Custody, Payment Offerings
by shayaanby shayaanStablesLabs, the issuer of USDX and sUSDX stablecoins, commended Citibank’s ground-breaking plans to integrate stablecoin transfers into its traditional banking infrastructure. Yesterday, …
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Regulation
Hong Kong’s SFC sets new custody standards for crypto trading platforms
by shayaanby shayaanKey Takeaways Hong Kong’s SFC há introduced new standards to enhance the custody of virtual assets for licensed trading platforms. The guidance …
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Wall Street giant Citigroup is weighing plans to offer cryptocurrency custody and payment services, aiming to capitalize on a market bolstered by …
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Markets
Trump's SEC Chair Says Agency Is 'Mobilizing' to Update Custody, Other Guidance
by shayaanby shayaanThe U.S. Securities and Exchange Commission is looking at custody rules for digital assets, including how broker-dealers, asset managers and investment advisers …
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Smart Contracts
Hong Kong’s SFC Orders Tighter Crypto Custody Standards Following Global Breaches
by shayaanby shayaanIn short Providers must use cold portfolios with air rises, hardware, applying copies and, among other things, requirements, the regulator said Friday. …
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Citigroup Inc. (NYSE: C) is considering introducing crypto custody services to its customers. A top executive of Citigroup informed Reuters that the …
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Markets
Swiss Bank Sygnum Launches Regulated SUI Custody and Trading for Institutions
by shayaanby shayaanSygnum, a Swiss digital asset bank, is expanding regulated institutional access to the Sui blockchain with new custody, trading and lending products …
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Adoption
XRP set for Asian boost with new South Korean custody and Japan ETF plans
by shayaanby shayaanXRP is gaining renewed traction in Asia, driven by fresh institutional interest and infrastructure developments in South Korea and Japan, two of …
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In June of 2023, Prime Trust, a regulated trust company that was widely regarded as a reliable custodian for digital assets, abruptly …