News with the tag "crypto custody services"

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...

The Taiwanese financial watchdog is reportedly considering trialing institutional crypto custody services, with local banks being evaluated for a pilot program. Taiwan Looking To Integrate Crypto Assets Into Economy Taiwan’s financial regulator, the Financial Supervisory Commission (FSC) is reported...

Banking giant BNY Mellon has moved a step closer to offering custodial services to crypto ETF issuers. As per the Tuesday report, BNY Mellon will now be able to provide custody for BTC and ETH to its exchange-traded clients. However, crypto industry veterans including SEC Commissioner Hester Pierce ...

Bank of New York Mellon will not be held to SEC accounting practices for client crypto custody after a review.

The U.S. Securities and Exchange Commission (SEC) has been leveraging the controversial SAB 121 accounting rule thereby pushing banks to disclose their crypto custodial assets on balance sheets. US Congressman Ritchie Torres said that the US SEC has been violating the accounting principles by uphold...