Standard Chartered’s launch of crypto custody services in Luxembourg strengthens its EU presence, leveraging regulatory stability to meet rising demand for secure digital asset solutions. Crypto Custody Takes Center Stage as Standard Chartered Expands to Luxembourg Standard Chartered, a leading international banking group known for its presence across Asia, Africa, and the Middle East, has […]
Emirates NBD, a leading United Arab Emirates (UAE) bank, has invested in Zodia Custody, a digital asset custodian, through its Innovation Fund. A Step Forward for Zodia Custody Emirates NBD, one of the United Arab Emirates’ leading banks, recently disclosed that it had invested in Zodia Custody, a digital asset custodian. The investment was made […]
Binance founder and former CEO Changpeng Zhao (CZ) has been released from U.S. custody after serving a four-month sentence for his role in compliance failures at Binance. His sentence followed a plea deal that included a $ 50 million fine and stepping down as Binance’s CEO. Despite his prison sentence, Zhao remains incredibly wealthy, …
BNY Mellon, one of the world’s largest custodian banks, is seeking to offer custody services for bitcoin and ether to exchange-traded product (ETP) clients. The bank is also eyeing large-scale growth in the crypto space, with plans to seek more regulatory approvals to capitalize on the lucrative crypto custody market. BNY Mellon Pushes Forward With […]
Congressional leaders are pressing regulators over concerns that the U.S. Securities and Exchange Commission (SEC)’s new guidelines on digital asset custody could disrupt financial innovation and regulatory collaboration. Lawmakers question whether the SEC acted prematurely, potentially jeopardizing efforts to safeguard digital assets through coordinated agency work. They demand more transparency on the SEC’s actions and […]