Custody
Why Jack Dorsey thinks AI will replace middle managers
Block CEO Jack Dorsey argues that his company's decision to cut approximately 40% employees was not a cost reduction but a permanent restructuring to replace middle managers with AI. But current and former Block employees are pushing back, saying that roughly 95% of AI-generated code changes still require human modification. CoinDesk's Jennifer Sanasie hosts "CoinDesk Daily."
Privacy-focused Miden, Korea Digital Asset agree to build crypto infrastructure for institutional adoption
The partnership focuses on privacy, compliance and standards for regulated digital-asset adoption in South Korea.
Hong Kong regulators target 2026 legislation for virtual asset dealer and custodian rules
The FSTB and SFC concluded consultations on virtual regimes and plan to introduce new bill to LegCo next year.
Paxos Acquires Crypto Wallet Startup Fordefi to Expand Custody Services
The move aims to position Paxos to serve growing institutional demand for on-chain asset issuance and stablecoin payments.
Bitcoin DeFi Gets Another Institutional Boost Through Anchorage Digital Custody
Anchorage Digital is opening institutional pathways into Bitcoin-native DeFi, providing a regulated gateway to BOB’s hybrid Bitcoin–Ethereum ecosystem.
Crypto Long & Short: Redefining the Custody Standard for Banking
In this week’s Crypto Long & Short Newsletter, Pascal Eberle writes about redefining the custody standards for banking and Andy Baehr explains how the crypto market is awaiting a new leader to spark its next rally.
Deribit, Komainu Join Forces for Institutional In-Custody Crypto Trading
The deal gives institutions 24/7 trading access while keeping assets in segregated custody wallets
U.S. SEC Takes Preliminary Step to Expand Universe of Crypto Custody to State Trusts
Another no-action letter from the agency staff signals the SEC's view that state-chartered trusts are fine for handling digital asset custody.
BitGo Wins German Approval to Start Regulated Crypto Trading in Europe
German regulator BaFin clears expansion as BitGo adds trading to its custody and staking services.
Deutsche Börse’s Crypto Finance Unveils Connected Custody Settlement for Digital Assets
Crypto Finance's new application, AnchorNote, lets clients trade across multiple venues while keeping assets in regulated custody.
