Custody

Custody

Finance

Standard Chartered offers RLUSD custody in Dubai and plans LMAX collateral link

Ripple previously gave LMAX $150 million in financing to integrate RLUSD into its institutional infrastructure.

Standard Chartered London (Shkuru Afshar/Wikimedia Commons)

Finance

Standard Chartered to expand institutional crypto and RWA custody to Singapore

The bank would offer the service to institutions and accredited corporate investors, subject to regulatory requirements.

Singapore. (Jayiayli/Unsplash)

Policy

SEC proposes new crypto custody rules for investment advisers and funds

The regulator issued a proposed rule for custody, marking a swan song for its inaugural Crypto Task Force chief, Commissioner Hester Peirce, who exits this week.

SEC Chairman Paul Atkins (Jesse Hamilton/CoinDesk)

Policy

Next for the U.S. SEC: Agency's chief crypto counsel illuminates path for custody

Taylor Lindman, the top lawyer on the agency's Crypto Task Force, says the SEC is trying to get firms comfortable with blockchain technology and crypto assets.

SEC Crypto Task Force Chief Counsel Taylor Lindman (Jesse Hamilton/CoinDesk)

Finance

Deutsche Bank close to debuting crypto custody for institutions

The service will support a select range of cryptocurrencies at debut, including bitcoin and ether and stablecoins like USDC and EURC.

Deutsche Bank logo (Shutterstock)

Finance

Zodia Custody CEO Julian Sawyer steps down, becomes adviser

Sawyer will become a strategic adviser rather than take the helm of Zodia Solutions, as previously announced.

Zodia Custody CEO Julian Sawyer (Olivier Acuna/CoinDesk)

Finance

Copper CEO Amar Kuchinad is departing as search for a buyer enters a fourth month

Kuchinad, the CEO of cryptocurrency custody firm Copper since 2024, is leaving the company, according to two people familiar with the matter.

Photo of Copper CEO Amar Kuchinad (Copper)

News Analysis

SEC resurrecting U.S. crypto custody rule the previous administration failed to land

In 2023, the regulator tried to narrowly restrict the places investment advisers could park clients' crypto assets, but the new approach is still shrouded in secrecy.

SEC Chairman Paul Atkins (Jesse Hamilton/CoinDesk)

Finance

BitGo secures South Korea virtual asset license, says it's the first global crypto company to do so

Backed by Hana Financial Group and SK Telecom, BitGo Korea built a locally registered entity from scratch to serve institutional and enterprise clients, rather than taking the acquisition route.

South Korea flag  (Daniel Bernard/Unsplash)

Markets

Citi plans to launch bitcoin custody for institutional clients later this year

The Wall Street bank plans to let clients hold bitcoin alongside traditional assets through its new Custody+ platform.

CoinDesk