Bloomberg reports Standard Chartered is weighing a takeover of crypto custodian Zodia, with sources saying a deal could be announced as early as this month; the bank declined to comment.
EDX Markets’ bid for a federal trust bank charter, backed by Citadel and Fidelity, aims to move crypto custody and settlement into the U.S. regulated banking system. The effort is a high-stakes test of whether Wall Street can internalize core crypto infrastructure under federal oversight.
Charles Schwab said it will offer crypto accounts enabling customers to trade cryptocurrencies, a move CEO Rick Wurster previewed last month that would reach more than 46 million clients. The firm has not yet disclosed timing or full product details.
Coinbase announced it has received conditional approval from the Office of the Comptroller of the Currency for a national trust bank charter. The step is a regulatory milestone that could expand its custody and fiduciary services once conditions are met.
Australia has unveiled a new regulatory framework aimed at platforms that hold user funds, signaling tighter oversight of custodial crypto services. The move is intended to boost consumer protections while reshaping how exchanges, custodians and lending platforms operate in the country.
Australia has ordered crypto exchanges and custody platforms to obtain financial services licenses within six months under a new regulatory framework. The change is intended to strengthen consumer protection and formalize oversight of digital-asset services.
BitGo has introduced a portfolio-based lending platform that lets institutions borrow and lend against liquid, staked, and locked assets within a single custody account. The offering is designed to simplify collateral management and free up liquidity tied to staking and lockups.
Bitwise Asset Management and Bitcoin lending infrastructure firm Lombard announced a partnership that lets institutional investors earn yield on BTC without changing custody arrangements. The deal aims to preserve existing custody workflows while unlocking lending-based returns for institutional holders.
BitGo will provide custody and trading infrastructure to support StableX’s $100 million stablecoin-focused digital asset treasury. The partnership aims to strengthen security and market access as StableX scales its stablecoin strategy.
A federal judge has frozen 70.6 Bitcoin tied to BlockFills after Dominion Capital accused the trading firm of misusing customer funds and asked the court to return the contested assets. The freeze is part of an ongoing civil dispute over custody and fund handling.