
Crypto Custody News
Latest Crypto Custody News

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Bybit has entered a partnership with crypto custodian Zodia Custody to segregate its custody for institutional clients. Cryptocurrency exchange Bybit announced in a press release on Thursday a new partnership with Zodia Custody to provide institutional clients with segregated custody,…

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The Monetary Authority of Singapore has granted Cumberland SG, the Asia division of the U.S.-based crypto trading firm Cumberland, in-principle approval for a Major Payment Institution license. The approval, which was announced on Mar. 18, brings the company one step…

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The U.S. Securities and Exchange Commission is considering rolling back a proposed rule that would impose stricter custody requirements for investment advisors handling cryptocurrencies. Acting SEC Chair Mark Uyeda announced the potential reversal during an industry conference in San Diego…

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The Turkish Capital Markets Board introduces new licensing and operational regulations for cryptocurrency exchanges, custodians, and wallet service providers. Turkish authorities have rolled out a new regulatory framework on March 13 to tighten oversight and operational standards for cryptocurrency exchanges,…

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The Bank of Russia has submitted proposals to the government to establish a regulated framework for cryptocurrency investments under a three-year experimental legal regime. The initiative, following directives from the Russian president, would permit a restricted group of investors to…

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Core, a proof of stake platform offering a dual Bitcoin staking solution, is teaming up with digital asset custody and wallet provider Cobo to expand its staking service in Asia. The collaboration will see Core and Cobo bring dual Bitcoin…

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Hex Trust has received a Major Payment Institution License from the Monetary Authority of Singapore, allowing it to offer cross-border money transfer services. Cryptocurrency custodian Hex Technologies Pte. Ltd. said on Thursday, March 6, it received a license from the…

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Citi and State Street, two of the largest U.S. banks, plan to launch custodial services for cryptocurrencies and digital assets.

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Tether has announced a strategic investment in self-custodial crypto wallet Zengo to enhance the security and accessibility of blockchain tools. In a press release shared to crypto.news, Tether (USDT)’s investment aims to help Zengo Wallet further develop its blockchain-based financial…


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Nomura-backed crypto custodian firm Komainu has secured $75 million in funding led by from Blockstream to accelerate global expansion. Komainu, a regulated crypto custodian built as a joint venture between Nomura, CoinShares, and Ledger, has raised $75 million from Blockstream…

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Standard Chartered has launched a new entity in Luxembourg to provide crypto custody services across the European Union under MiCA regulation. British multinational financial giant Standard Chartered has launched a new entity in Luxembourg to offer crypto custody services to…

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UK-based crypto firm Copper Technologies withdrew its registration to the FCA. Instead, its new CEO wants to shift the custodian’s focus towards securing operating licenses in the US and other countries. According to a Bloomberg report, crypto custodian firm Copper…

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Custodia Bank, a crypto-friendly Wyoming bank, said it plans to scale back its services as it prepares for policy reforms in the space. Custodia Bank, a bank founded by Bitcoin advocate Caitlin Long, is scaling back its operations as it…

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The Shanghai High Court has ruled that cryptocurrencies possess “property attributes” under Chinese law, affirming their value as virtual commodities. However, the court upheld China’s strict prohibition on using crypto for commercial activities such as token issuance and speculative trading,…

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Crypto custodian, Zodia Custody, aims to raise $50 million from investors to fuel its plans to branch out into new regions and expand its product range. According to a Bloomberg report on Nov. 4, Standard Chartered’s crypto custodian subsidiary Zodia…

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Digital asset investment firm Algoz has announced a strategic collaboration with regulated market maker and top over-the-counter desk Wincent. Algoz shared details of the new partnership via a press release sent to crypto.news on Oct. 30. This announcement follows Algoz’s…