Custody

Custody

CoinDesk Indices

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.

woman running street

Finance

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

Komainu is named after the statues of mythical "lion dogs" that guard the entrances to Japanese Shinto temples. (Shutterstock)

Policy

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.

U.S. SEC headquarter in Washington (Jesse Hamilton/CoinDesk)

Finance

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.

CEO of BitGo Mike Belshe in a chair on-stage at Consensus 2023 (Shutterstock/CoinDesk)

Finance

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.

Deutsche Börse trading floor

Finance

Tetra Digital Raises $10M to Create a Regulated Canadian Dollar Stablecoin

The firm is targeting an early 2026 launch, backed by investors such as Shopify, Wealthsimple and National Bank.

(Sebastiaan Stam/Unsplash)

Finance

U.S. Bank Resumes Bitcoin Custody Services, Adds Support for ETFs

NYDIG will serve as the bank’s sub-custodian for digital assets.

Safe deposit boxes

Finance

State Street Expands Custody to Tokenized Debt on JPMorgan’s Blockchain Platform

The inaugural transaction State Street anchored was a $100 million digital commercial paper issuance by OCBC.

State Street building in London (Danny Nelson/CoinDesk)

Policy

Hong Kong Regulator Tightens Custody Standards for Licensed Crypto Exchanges

A regulatory review earlier this year found weaknesses in some exchanges’ cyber defenses, prompting the SFC to set new custody standards for licensed platforms.

Hong Kong's skyline (Chris Lam/CoinDesk)

Finance

Spanish Bank BBVA Said to Offer Off-Exchange Custody to Binance Customers: FT

Cryptocurrency exchanges have been rolling out stricter controls and clearer disclosures on how user funds are safeguarded.

Binance logo on a smartphone (Vadim Artyukhin/Unsplash)