Key Highlights: BNY clients will be able to stake eligible assets held in custody and earn rewards without transferring them externally. Figment will operate the validators while remaining non-custodial, preserving BNY’s role as asset custodian. The partnership expands BNY’s institutional staking strategy alongside its existing relationship with Galaxy Digital. BNY and Figment Partner to Bring ...
Key Highlights: The Office of the Comptroller of the Currency (OCC) has granted Coinbase a full trust bank charter, upgrading its conditional status. The Coinbase National Trust enables federally regulated custodial and payments services, operating without taking deposits or extending loans. The milestone comes amid a broader federal regulatory push under the GENIUS Act, alongside ...
Key Highlights: Former FBI agent Nicholas Yaroch pleaded guilty to siphoning approximately $2.47 million in digital assets across roughly 100 fraudulent transfers, impacting 35 distinct active investigations over a 20-month span. Court filings confirm the compromised wallets belonged to investigation targets, adversarial nation-state actors, and at least one operational wallet maintained by the bureau itself. ...
Key Highlights Abu Dhabi-based digital asset insurer Soter offers direct balance-sheet coverage of up to $5 million, 200 BTC, or 2,000 ETH for crypto losses. The firm holds regulatory approvals from both Bermuda and Dubai, maintaining dedicated cold-storage reserves with regulated custodians to settle claims in-kind. Market demand and pricing for crime-related insurance are hardening ...
Key Highlights: Industry leaders warn that ongoing U.S. regulatory fragmentation risks driving capital and decentralized innovation to more predictable international jurisdictions. New regulatory milestones, including the implementation of the GENIUS Act alongside final OCC rules on January 18, 2027, will enforce strict licensing and reserve standards for payment stablecoin issuers. Despite historical fourth-quarter midterm drawdowns ...
Key Highlights Digital asset infrastructure provider Taurus has rolled out live support for smart-contract-based assets on the Stellar network. The operational functionality is integrated across Taurus-PROTECT custody and Taurus-CAPITAL tokenization platforms. The upgrade enables institutional clients to handle complex asset lifecycles, rule-based transfers, and regulated token models within unified operating controls. Institutional digital asset infrastructure ...
Key Highlights: The Bank of New York Mellon Corp. (BNY) has expanded institutional access to $XRP and Ripple USD ($RLUSD) through its Digital Asset Custody platform. Privy and Robinhood Markets Inc. have partnered with Ripple to integrate $XRP and $RLUSD into programmable wallets, institutional settlement, and corporate treasury management. Ripple secured final regulatory approval for ...
Key Highlights: Google has introduced a new security service designed to safeguard cryptocurrency assets by splitting private keys across separate systems. The architecture enables distributed transaction signing across multi-cloud and on-premises infrastructure, such as Google Cloud, private hardware, and alternative cloud providers. In addition to key management, the platform supports policy enforcement, including transaction transfer ...
Key Highlights: Itaú Unibanco has become the first bank in Brazil to formalize its cryptocurrency trading and custody operations under the nation’s new digital-asset regulatory framework. The financial institution submitted its official notification and independent technical certification to the Central Bank of Brazil ahead of the October 30 deadline mandated by Resolution 520. Under the ...
Key Highlights: Ripple has secured approval to establish Ripple National Trust Bank, allowing the firm to provide specific banking services under federal supervision. The new entity will act as a collateral trustee, oversee reserves for the U.S. dollar-pegged stablecoin $RLUSD, and offer digital asset custody for institutional clients. Issuance of $RLUSD remains under New York ...
Key Highlights: Institutional custody models now account for more than 30% of digital assets outside of centralized exchanges, according to Boston Consulting Group (BCG). Major financial institutions are shifting away from outsourced services toward licensed self-custody infrastructure, tokenization, and multi-custodian orchestration layers. Standard Chartered has introduced institutional Ripple USD ($RLUSD) custody via its Dubai branch, ...
Key Highlights Payward, the parent company of cryptocurrency exchange Kraken, has received in-principle regulatory approval from the Astana Financial Services Authority (AFSA) in Kazakhstan. The preliminary permissions for Payward Kazakhstan cover digital asset trading, investment dealing as both principal and agent, and digital asset custody within the Astana International Financial Centre (AIFC). A formal customer ...