Category: Custody

  • SEC Rescinds SAB 121, Permitting Banks to Custody Bitcoin

    In a landmark decision, the US Securities and Exchange Commission (SEC) Officially cancelled Staff Accounting Bulletin (SAB) No. 121, a controversial rule that has long hindered banks from offering bitcoin and crypto custody services. The move, announced Thursday, signals a major shift in the SEC’s approach to regulating Bitcoin and…

  • SEC Rescinds SAB 121, Permitting Banks to Custody Bitcoin

    In a landmark decision, the US Securities and Exchange Commission (SEC) Officially cancelled Staff Accounting Bulletin (SAB) No. 121, a controversial rule that has long hindered banks from offering bitcoin and crypto custody services. The move, announced Thursday, signals a major shift in the SEC’s approach to regulating Bitcoin and…

  • Self Custody For Me, But Not For Thee

    One counterargument against the push for more scalability with Bitcoin is that “most people won’t maintain their own anyway, so why bother?” This is a hypothetical, arrogant and largely misleading argument. It’s the same kind of logical fallacy that only humans can commit. The current state of the present is…

  • Ripple Launches Bank-Grade Crypto Custody Solution

    His ripple Announce A major upgrade to the Ripple Custody service, which aims to provide bank-grade cryptocurrency custody solutions to fintechs and cryptocurrency companies. Improvements include integration with compliance tools, expanded Hardware Security Module (HSM) options, support for tokenization of real-world assets on the XRP Ledger (XRPL), pre-configured policy frameworks,…

  • Ripple Launches Bank-Grade Crypto Custody Solution

    His ripple Announce A major upgrade to the Ripple Custody service, which aims to provide bank-grade cryptocurrency custody solutions to fintechs and cryptocurrency companies. Improvements include integration with compliance tools, expanded Hardware Security Module (HSM) options, support for tokenization of real-world assets on the XRP Ledger (XRPL), pre-configured policy frameworks,…

  • Binance Founder Released From US Custody, Vows Tech Investments And Charity Efforts

    Photo: Reuters The cryptocurrency industry has been rocked by a series of high-profile scandals and regulatory crackdowns in recent years, with US exchange Binance and its founder, Changpeng Zhao, at the center of some of the most significant developments. Zhao, widely known as “CZ Binance,” has now done just that…

  • Binance Founder Released From US Custody, Vows Tech Investments And Charity Efforts

    Photo: Reuters The cryptocurrency industry has been rocked by a series of high-profile scandals and regulatory crackdowns in recent years, with US exchange Binance and its founder, Changpeng Zhao, at the center of some of the most significant developments. Zhao, widely known as “CZ Binance,” has now done just that…

  • BNY Mellon SAB 121 exemption may herald bank Bitcoin custody

    Bank of New York Mellon, the largest custodian bank in the United States, has been granted an exemption from a controversial rule by the Securities and Exchange Commission that could allow it to hold bitcoin. Institutional custody of Bitcoin (BTC) and cryptocurrencies in the United States has taken a step…

  • BNY Mellon SAB 121 exemption may herald bank Bitcoin custody

    Bank of New York Mellon, the largest custodian bank in the United States, has been granted an exemption from a controversial rule by the Securities and Exchange Commission that could allow it to hold bitcoin. Institutional custody of Bitcoin (BTC) and cryptocurrencies in the United States has taken a step…

  • Bitcoin Vaults and the Future of Bitcoin Custody

    Bitcoin, the original cryptocurrency, has come a long way since its unofficial past. From an experimental digital currency that carved out a niche in the online crypto world, it has grown into a real digital currency. $1 trillion market cap assets It is valued at over $66,900 per coin at…

  • Bitcoin Vaults and the Future of Bitcoin Custody

    Bitcoin, the original cryptocurrency, has come a long way since its unofficial past. From an experimental digital currency that carved out a niche in the online crypto world, it has grown into a real digital currency. $1 trillion market cap assets It is valued at over $66,900 per coin at…

  • Standard Chartered Bank Launches Bitcoin and Crypto Custody Service in UAE

    Standard Chartered Bank has officially launched its digital asset custody service in the UAE, according to a press release issued by the bank. advertisement From the bank. The service has been licensed by the Dubai Financial Services Authority (DFSA) within the Dubai International Financial Centre (DIFC), following a Memorandum of…

  • Standard Chartered Bank Launches Bitcoin and Crypto Custody Service in UAE

    Standard Chartered Bank has officially launched its digital asset custody service in the UAE, according to a press release issued by the bank. advertisement From the bank. The service has been licensed by the Dubai Financial Services Authority (DFSA) within the Dubai International Financial Centre (DIFC), following a Memorandum of…

  • Metaplanet taps SBI VC Trade for Bitcoin custody 

    Japanese investment firm Metaplanet Inc. has partnered with SBI VC Trade, a subsidiary of the SBI Group, to support its Bitcoin staking strategy. According to a report released on September 2, advertisementThis collaboration is an attempt to double down on Metaplanet’s Bitcoin aggregation strategy by engaging with industry-leading stakeholders like…

  • Binance founder CZ moved to halfway house, remains in custody

    Changpeng Zhao, the former CEO of Binance, has been transferred from prison to a half-house at the Office of Residential Reintegration Administration in Long Beach, California. Encrypted Twitter accounts are filled with rumors and speculation about Zhao’s official release from all detention. Although recent federal prisoner tracking is false, It…

  • Binance founder CZ moved to halfway house, remains in custody

    Changpeng Zhao, the former CEO of Binance, has been transferred from prison to a half-house at the Office of Residential Reintegration Administration in Long Beach, California. Encrypted Twitter accounts are filled with rumors and speculation about Zhao’s official release from all detention. Although recent federal prisoner tracking is false, It…

  • UK-based Copper adds custody, staking support for MINA

    Digital asset custody and collateral management provider Copper now offers custody and storage support for the Mina protocol. Cooper.co It was announced Bitcoin announced its support for the Mina protocol on August 21, noting that supporting the zero-knowledge blockchain platform’s native token expands digital asset options for institutional investors. The…

  • UK-based Copper adds custody, staking support for MINA

    Digital asset custody and collateral management provider Copper now offers custody and storage support for the Mina protocol. Cooper.co It was announced Bitcoin announced its support for the Mina protocol on August 21, noting that supporting the zero-knowledge blockchain platform’s native token expands digital asset options for institutional investors. The…

  • Kraken Institutional Debuts Custody Services in UK, Australia Crypto Markets

    Kraken Institutional, the specialized division serving institutional investors of US cryptocurrency exchange Kraken, has announced the international expansion of its custody services into the UK and Australia. This step represents its first project after its first launch earlier this year. Kraken Custody Expansion According to the official press releaseInstitutional clients…

  • Seedless Keys And DLCs: How Lava Is Making Bitcoin Custody Easy

    Company Name: Lava Founders: Shahzan Meridia Date of Establishment: January 2022 Headquarter Location: New York, USA (with some remote staff) Amount of Bitcoin in the vault: Unavailable Number of Employees: 7 website: https://www.lava.xyz/ Public or private? private Shahzan Maridia wants to make it easy to store Bitcoin. That’s why I…