Standard Chartered Merges Zodia Custody into Investment Banking: A Crypto Custody Game-Changer Standard Chartered, a global banking titan, is making waves in the crypto space with plans to fold its majority-owned subsidiary, Zodia Custody, into its Corporate and Investment Banking (CIB) division by April 2026. This bold restructuring aims to streamline overlapping services and solidify […]
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Coinbase Secures Historic OCC Trust Charter for Crypto Custody Amid Banking Backlash Coinbase, a titan in the U.S. cryptocurrency market, has achieved a groundbreaking milestone by earning conditional approval for a national trust bank charter from the Office of the Comptroller of the Currency (OCC) on April 2. This makes it the first major U.S. […]
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Morgan Stanley Slashes Bitcoin ETF Fees to Record Low of 0.14%, Redefining Crypto Access Morgan Stanley, a financial colossus managing $6.2 trillion in client assets, has just thrown down the gauntlet with a proposed management fee of 0.14% for its spot Bitcoin ETF, ticker MSBT. Pending SEC approval, this unprecedented low could shake up the […]
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South Korea Loses $30M in Seized Crypto: Custody Failures Exposed South Korea, often hailed as a tech titan with a population hooked on cryptocurrency, is grappling with a monumental embarrassment after losing nearly $30 million in seized digital assets to a series of preventable blunders. From leaked wallet keys to phishing scams, these incidents have […]
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Morgan Stanley Stakes Its Claim in Crypto with Bank Charter Filing Wall Street heavyweight Morgan Stanley has just thrown a curveball into the cryptocurrency game, filing for a national bank charter to offer crypto custody, trading, and staking services through its entity, Morgan Stanley Digital Trust. Reported by Bloomberg on February 27th, this move could […]
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Entropy Shuts Down: a16z-Backed Crypto Startup Returns Capital to Investors A high-profile cryptocurrency startup, Entropy, backed by a whopping $25 million from Andreessen Horowitz (a16z) and other venture giants, has called it quits after four grueling years. Founder Tux Pacific made the tough call to shutter operations and return the remaining capital to investors, a […]
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BNY Q3 2025: 21% Profit Surge Amid Bullish Markets and Epstein Scandal—Crypto Implications? Bank of New York Mellon (BNY), a titan in the world of asset custody, has just dropped a bombshell of a Q3 2025 earnings report, boasting a 21% profit surge to $1.34 billion while managing a staggering $57.8 trillion in client assets. […]
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Citibank Steps Into the Crypto Arena: 2026 Custody Platform Signals Institutional Tidal Wave Citibank, a titan of traditional finance with $2.57 trillion in assets under custody, has dropped a bombshell: it’s launching a regulated digital asset custody platform by 2026. After over three years of development, this move marks a bold pivot toward blockchain and […]
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SEC’s Paul Atkins Leads Friday Crypto Custody Roundtable Amid Regulation Shift Newly-confirmed SEC Chair Paul Atkins is set to lead a crucial roundtable on crypto custody this Friday, marking a significant shift from the agency’s previous enforcement-heavy approach to a more collaborative regulatory framework for the cryptocurrency sector. SEC Chair Paul Atkins to lead crypto […]
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US Treasury Explores Custody Options for Strategic Bitcoin Reserve The US Treasury is exploring options for securing its strategic Bitcoin reserve, which currently holds nearly 200,000 BTC valued at around $17.5 billion. Discussions with top cryptocurrency custody companies are underway to determine whether the government should self-custody its Bitcoin or utilize third-party custody services. This […]
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