News with the tag "Crypto Custody"

The OCC has shifted its previously hands-off stance on crypto, allowing banks to buy and sell custody-held cryptocurrencies on behalf of customers. They are also allowed to provide crypto custody services. In a recent post , Acting Comptroller of the Currency and administrator of the federal banking...

The U.S. Securities and Exchange Commission is considering rolling back a proposed rule that would impose stricter custody requirements for investment advisors handling cryptocurrencies. Acting SEC Chair Mark Uyeda announced the potential reversal during an industry conference in San Diego on Monday...

Deutsche Boerse’s post-trade unit Clearstream is set to introduce cryptocurrency settlement and custody services for institutional clients in 2025, marking a significant step into digital asset infrastructure by a major European financial firm. Clearstream announced on Tuesday that it will initially...

European financial institution Deutsche Boerse recently revealed that its post-trade unit Clearstream plans to launch Bitcoin and Ether custody services in Europe this year. The announcement comes riding the heels of global pro-crypto ushers, such as a strategic BTC reserve in the U.S. and other glo...

Hex Trust has received a Major Payment Institution License from the Monetary Authority of Singapore, allowing it to offer cross-border money transfer services. Cryptocurrency custodian Hex Technologies Pte. Ltd. said on Thursday, March 6, it received a license from the Monetary Authority of Singapor...

Exciting news for crypto enthusiasts in Turkey! Imagine a world where your digital assets are as safe as your traditional savings. Well, that future is fast approaching as Turkish digital bank BankPozitif is gearing up to launch cryptocurrency custody services. This bold move, in collaboration with ...

Are you trading crypto derivatives on Deribit and concerned about security? In the fast-paced world of cryptocurrency trading, safeguarding your assets is paramount. Imagine trading spot and derivatives with the peace of mind that your funds are held in ultra-secure custody, away from exchange-relat...

Exciting developments are brewing in the intersection of traditional finance and the burgeoning world of cryptocurrency! Imagine a future where your trusted U.S. bank not only safeguards your dollars but also your digital assets. Well, that future might be closer than you think. Let’s dive into the ...

Citi and State Street, two of the largest U.S. banks, plan to launch custodial services for cryptocurrencies and digital assets. The U.S. institutional crypto wave has gained momentum following President Donald Trump’s return to Washington as the first pro-crypto American president. His administrati...

The winds of change are blowing strongly in South Korea’s financial sector, and cryptocurrency is at the heart of it. Leading the charge, Shinhan Bank is making headlines with a significant capital injection into Korea Digital Asset Custody (KDAC). This strategic maneuver isn’t just about one bank; ...