The Hong Kong Securities and Futures Commission (SFC) has implemented stricter regulations to safeguard user assets on licensed virtual asset trading platforms. This comes after a recent assessment […]
Hong Kong Sets New Custody Rules for Virtual Assets
The Hong Kong Securities and Futures Commission (SFC) has issued updated guidelines for virtual asset custody, impacting licensed trading platforms on August 15th. The circular outlines strict requirements […]
Citigroup Eyes Crypto Custody Services for Rising Stablecoin Market
Wall Street giant Citigroup is exploring opportunities in cryptocurrency custody services, driven by a surge in demand for stablecoins and the growth of regulated crypto assets. The bank’s […]
Upbit Unveils Custody Platform: A Secure Haven for Institutional Crypto Investors
South Korean exchange Upbit has launched its dedicated crypto custody platform, designed to meet the security demands of institutional investors. This move marks a significant step towards wider […]
Binance Secures Client Funds with New Offline Custody Deal
Binance, the world’s largest cryptocurrency exchange, has partnered with BBVA, Spain’s third-largest bank, to offer offline custody services for client funds. The agreement will see assets held in […]
Taurus and Parfin Partner to Expand Digital Asset Access for Institutions
Taurus and Parfin have formed a strategic alliance to expand digital asset offerings for institutional clients in Europe and Latin America. The partnership will focus on custody and […]
World Liberty Finance Transfers $10 Million in USDC to BitGo: A Step Towards Secure Digital Asset Management
A significant transfer of $10 million in USDC stablecoin has been recorded, highlighting the increasing importance of secure digital asset management in the cryptocurrency space. This move by […]
MyStonks Launches Tokenized US Stock Market with Fidelity Custody
MyStonks, a blockchain trading platform originating from the Stonks community, has officially launched its tokenized U.S. stock market offering full custody support through asset management giant Fidelity. Crypto […]
US Banks Now Authorized to Offer Crypto Custody Services
On May 7, 2025, the Office of the Comptroller of the Currency (OCC) issued Interpretive Letter 1184, providing clarity on cryptocurrency activities for financial institutions. This clarifies that […]
OCC Clarifies Bank’s Role in Crypto Services: Custody and Execution Allowed
The Office of the Comptroller of Currency (OCC) has issued a clarification confirming that banks can offer crypto custody and execution services to their customers. This allows for […]
Sygnum Sees Surge in Institutional Custody Services on Binance
Swiss digital asset institution Sygnum Bank has reported a significant increase in its off-exchange custody services usage by institutional clients who trade on the Binance exchange. This rise […]
SEC Holds Third Cryptocurrency Policy Roundtable, Focusing on Custody Concerns
The U.S. Securities and Exchange Commission (SEC) is hosting its third cryptocurrency policy roundtable discussion, kicking off at 1 a.m. UTC+8. The event will be streamed live and […]
SEC Hosts Roundtable Focusing on Crypto Custody with Major Firms
The Securities and Exchange Commission (SEC) has scheduled a roundtable focusing on the evolving landscape of crypto custody. On April 25, 2025, SEC Chair Paul Atkins will deliver […]
SEC Chair Leads Crypto Custody Roundtable in Washington D.C.
Securities and Exchange Commission (SEC) Chairman Paul Atkins hosted a roundtable discussion on crypto custody in Washington, D.C., focusing on clarifying regulations for institutional investors. The event was […]
SEC to Host Roundtable on Crypto Custody Issues
The U.S. Securities and Exchange Commission (SEC) is hosting a third roundtable focused on cryptocurrency custody on April 26th, 2025. This event aims to address the regulatory challenges […]