Latest News and Articles about Crypto Custody
Morgan Stanley Files for Bank Charter to Offer Crypto Custody and Trading
Morgan Stanley Stakes Its Claim in Crypto with Bank Charter Filing Wall Street heavyweight Morgan Stanley has just thrown a curveball into the cryptocurrency game, filing for a national bank charter to offer crypto custody, trading, and staking services through its entity, Morgan Stanley Digital Trust. Reported by Bloomberg on February 27th, this move could […]
Read MoreEntropy Shuts Down: a16z-Backed Crypto Startup Fails, Returns Funds to Investors
Entropy Shuts Down: a16z-Backed Crypto Startup Returns Capital to Investors A high-profile cryptocurrency startup, Entropy, backed by a whopping $25 million from Andreessen Horowitz (a16z) and other venture giants, has called it quits after four grueling years. Founder Tux Pacific made the tough call to shutter operations and return the remaining capital to investors, a […]
Read MoreBNY Q3 2025: 21% Profit Surge, Epstein Scandal, and Crypto Custody Potential
BNY Q3 2025: 21% Profit Surge Amid Bullish Markets and Epstein Scandal—Crypto Implications? Bank of New York Mellon (BNY), a titan in the world of asset custody, has just dropped a bombshell of a Q3 2025 earnings report, boasting a 21% profit surge to $1.34 billion while managing a staggering $57.8 trillion in client assets. […]
Read MoreCitibank’s 2026 Crypto Custody Platform: Wall Street’s Bold Move into Bitcoin and Ethereum
Citibank Steps Into the Crypto Arena: 2026 Custody Platform Signals Institutional Tidal Wave Citibank, a titan of traditional finance with $2.57 trillion in assets under custody, has dropped a bombshell: it’s launching a regulated digital asset custody platform by 2026. After over three years of development, this move marks a bold pivot toward blockchain and […]
Read MoreSEC Chair Paul Atkins to Lead Crypto Custody Roundtable, Signaling Regulatory Shift
SEC’s Paul Atkins Leads Friday Crypto Custody Roundtable Amid Regulation Shift Newly-confirmed SEC Chair Paul Atkins is set to lead a crucial roundtable on crypto custody this Friday, marking a significant shift from the agency’s previous enforcement-heavy approach to a more collaborative regulatory framework for the cryptocurrency sector. SEC Chair Paul Atkins to lead crypto […]
Read MoreUS Treasury Explores Bitcoin Custody Options Amid Strategic Reserve Expansion
US Treasury Explores Custody Options for Strategic Bitcoin Reserve The US Treasury is exploring options for securing its strategic Bitcoin reserve, which currently holds nearly 200,000 BTC valued at around $17.5 billion. Discussions with top cryptocurrency custody companies are underway to determine whether the government should self-custody its Bitcoin or utilize third-party custody services. This […]
Read MoreCoinbase Pushes for US Regulatory Clarity to Enable Bank Crypto Services, Celebrates UK VASP Status
Coinbase Urges US Regulators to Clear Path for Banks in Crypto Market Coinbase, a leading US-based cryptocurrency exchange, is pushing for clearer regulations in the US to enable banks to offer cryptocurrency custody and trading services, while celebrating recent progress in the UK. Coinbase urges US regulators for regulatory clarity Approval from UK’s FCA makes […]
Read MoreSEC Withdraws SAB 121, Embraces Crypto with SAB 122 in 2025
SAB 121 Rescinded: A Clear Path to Crypto Custody and Regulation in 2025 The U.S. Securities and Exchange Commission (SEC) announced a significant shift in crypto regulation by withdrawing Staff Accounting Bulletin 121 (SAB 121) and introducing SAB 122 on January 23, 2025. This move, backed by President Donald Trump’s administration, signals a departure from […]
Read MoreStandard Chartered Launches EU Crypto Custody via Luxembourg Amid MiCA
Standard Chartered Launches Crypto Custody Services in EU via Luxembourg Entity Amid MiCA Regulation Standard Chartered, a leading traditional bank, has set its sights on the European Union’s burgeoning crypto market by establishing a new entity in Luxembourg. This move, announced on January 9, leverages the EU’s new Markets in Crypto Assets (MiCA) regulation, positioning […]
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