SAB 122 (after withdrawal of SAB 121) streamlines crypto custody operations and fosters greater trust in traditional financial firms offering cryptocurrency services.
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Banking giant Standard Chartered is debuting crypto services in Europein Europe via its new Luxembourg entity after securing a digital asset license under the MiCA framework.
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Bitcoin policy advocate Dennis Porter recently said he expects states to establish Bitcoin reserves before the federal government.
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Standard Chartered’s Zodia Custody is raising $50 million to expand its crypto custody services amidst increasing competition from both traditional finance and crypto-native firms. Institutional Investors Drive Demand for Crypto Custody Standard Chartered’s crypto custody business, Zodia Custody, is reportedly in talks to raise $50 million to fund its expansion into new markets. CEO Julian […]
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Robinhood also reported a 76% year-on-year increase in assets under custody, attributed to rising crypto valuations.
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The acquisition of its competitor will net Komainu a Singapore Capital Markets Services License and hope for a Major Payment Institution license in the future.
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Ripple has announced updates to Ripple Custody, enhancing its “bank-grade” custody technology. The latest features include a transaction screening service integration, additional hardware security module (HSM) options, and an XRPL integration for tokenizing Real World Assets (RWA). Ripple Custody now supports the tokenization of various assets, enabling businesses to manage cryptocurrencies, fiat currencies, and real-world […]
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Ripple’s move into crypto custody allows the company to diversify beyond its payment settlement business.
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Bitfarms and Riot Platforms settle months of corporate disputes with board review, while BlackRock moves for changes to Bitcoin ETF withdrawals.
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The partnership will bring cryptocurrency trading and custody solutions to around 700 cooperative banks, with an initial rollout planned for late 2024.
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