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Exclusive: Fireblocks granted New York charter for crypto custody
14.8.2024
The charter allows Fireblocks to offer cold-storage custody to US clients
Ripple to Acquire Standard Custody to Strengthen Regulatory Licenses Portfolio
13.2.2024
Ripple has announced a deal to acquire the New York-based digital asset platform Standard Custody and Trust Company, pending regulatory approval. Once the acquisition is finalized, Ripple will become the sole shareholder of Standard Custody, leveraging its limited-purpose trust charter and money...
WisdomTree ‘Very Close’ to Securing New York License for Crypto Services: Fox Business
6.2.2024
WisdomTree, known for its spot Bitcoin exchange-traded fund (ETF), is reportedly finalizing efforts to secure a license from the New York Department of Financial Services (NYDFS). WisdomTree to Get Limited Purpose Trust Charter According to Fox Business reporter Eleanor Terrett, the NYDFS is nearly...
Nasdaq Halts Crypto Custody Plans Amid Tough US Regulatory Environment
19.7.2023
Adena Friedman, CEO of Nasdaq, the international securities marketplace, announced that the firm is postponing its cryptocurrency custody plans due to the United States’ “regulatory environment.” During a Q2 earnings call, Friedman disclosed that Nasdaq aimed to launch...
Wyoming defends crypto-friendly bank charter regime in Custodia Bank's lawsuit with Fed
11.4.2023
“The State of Wyoming believes that this changes the tenor of the suit and in turn questions the legitimacy and viability of the State’s statutory framework," said AG Bridget Hill
Wyoming Defends ‘Legitimacy’ of Its Crypto Charter Framework in Custodia Lawsuit
11.4.2023
The state of Wyoming is taking umbrage at the Federal Reserve Board’s insinuations that its regulatory framework for special purpose depository institutions (SPDIs) – state-chartered banks that can handle digital assets – are not up to snuff
Signature’s crypto clients told to close their accounts by April 5: Report
29.3.2023
Any crypto deposits not transferred to another bank by April 5 will be liquidated and a check mailed to the client's address
Crypto Bank Charter Firm Protego Trust Lays Off Most of Its Workforce: Source
1.3.2023
Paxos Receives Wells Notice from SEC, NYDFS Orders Issuer to Stop Minting BUSD
13.2.2023
According to a report published on Feb. 12, 2023, the New York-based financial institution and technology company, Paxos, has received a Wells Notice from the U.S. Securities and Exchange Commission (SEC) regarding alleged violations of investor protection laws. Paxos revealed the following...
Uruguay Introduces Cryptocurrency Law in Parliament
13.9.2022
A new cryptocurrency bill project was introduced by the executive power to the Parliament of Uruguay. The bill seeks to clarify how crypto assets will be regulated in the country, giving the Central Bank of Uruguay competence over cryptocurrency assets, modifying its organic charter,...
FTX US applies for trust charter in New York
11.5.2022
Crypto exchanges Coinbase and BitGo have previously received trust charters from New York's financial regulator, allowing the firms to offer crypto custody services
FTX US Reveals New York Trust Charter Application
11.5.2022
FTX US has applied for a trust charter with the New York financial services regulator which would allow it to operate in New York and offer its products to users
It’s Time to Build: Adshares Reveals Exciting New Road Map After Successful 2021
10.3.2022
As one of the most trusted and best evaluated crypto advertising projects – Adshares is doing their best to keep their word. The 2021 road map has been completed as promised. Now it’s time to charter a new map – especially that a part of this year’s plans are already completed. Moving pictures...
Crypto dealer SFOX gets trust charter approval from Wyoming regulators
1.3.2022
“The new charter will enable us to provide secure, reliable and efficient investment, trading, and custodian services for a wide range of digital assets," said SFOX co-founder Akbar Thobhani
Cancun’s Luxurious Catamaran Charter Accepting Bitcoin to Binance Cryptocoins
25.8.2021
Disclaimer: The text below is a press release that was not written by Cryptonews.com.
As the cryptocoin Bulls run once again, there are plenty of ways newborn millionaires will spend their money. Some will join the real estate market buying madness. Some will diversify in other coins. ...
OCC Grants Crypto Firm Paxos ‘Conditional Approval’ for US Bank Charter
24.4.2021
The digital currency and stablecoin issuer Paxos has been granted conditional approval for a bank charter under the Paxos National Trust in New York. The U.S. Office of the Comptroller of the Currency issued a preliminary conditional approval which means the regulating entity still has to authorize...
Paxos receives ‘preliminary conditional approval’ for US bank charter
23.4.2021
The stablecoin issuer has nabbed a banking license, but it doesn't mean they'll be doing any banking in the traditional sense
Brian Brooks defends fintech charter to House Financial Services Committee
16.4.2021
Brian Brooks has defended the fintech charter he oversaw while heading the OCC, warning heavy-handed crypto regulations could undermine U.S. competitiveness globally
Avanti Financial raises $37 million to launch institutional crypto bank
26.3.2021
The digital asset bank will be aimed at institutional investors only, and there is no exchange planned
Charter schools in California to use blockchain system to fight COVID-19
16.2.2021
A new blockchain system will be used to manage and track COVID-19 exposure among students and staff in multiple public charter schools across California state