Sberbank plans to build crypto trading infrastructure and open a digital depository by Dec. 1, adding custody and off-chain ownership records to Russia's new regulated market framework.
Minnesota's new virtual-currency custody law is now in force, allowing state-chartered banks and credit unions to hold crypto for customers after a 60-day notice and safety review process.
Coinbase said it is building quantum-safe custody tools and will co-host an August working session with Stanford and Bitcoin developers as the industry prepares for a future cryptography transition.
BitMart has begun winding down its exchange, halted new orders and deposits, and set an Aug. 26 trading deadline as its BMX token fell about 60% in a day.
Kraken Institutional has partnered with Upshift to offer permissioned, custom onchain yield vaults inside its qualified-custody service for eligible clients.
Bank of America named Sonali Theisen to lead its global digital-assets platform, putting tokenized deposits, stablecoins, custody and crypto settlement under a dedicated markets mandate.
AscendEX has ceased operations and paused automated withdrawals, telling customers it cannot guarantee withdrawal timing or amounts during its wind-down.
The FCA's final UK crypto rules put exchanges, custody, stablecoins, staking and market abuse on an authorisation clock before the regime begins in October 2027.
Circle won final OCC approval to establish Circle National Trust, bringing USDC custody and future reserve management closer to federal bank oversight.
Vanguard posted a Head of Digital Assets role for Personal Wealth, putting stablecoins, tokenization, custody and blockchain settlement on its roadmap.
SBI Holdings agreed to buy Bitbank for 46.7 billion yen, setting up Japan's biggest crypto exchange group by custody assets.
Crypto.com said the OCC conditionally approved its national trust bank charter, moving crypto custody closer to a single federal rulebook in the U.S.
CIRO issued interim crypto custody rules for Canadian trading platforms, setting tiered custodian standards, audit and insurance expectations, and limits that critics say could accelerate consolidation.