News list for "custodia"
On November 26th, the board of directors of crypto bank Custodia Bank voted this week to further downsize its operations and preserve capital in response to the major crypto policy reforms that are about to be introduced by the new government in Washington. The bank said the move would preserve its core businesses such as banking licenses, API-based real-time payments and bitcoin custody platforms, and bank-issued stablecoin patents. Custodia Bank founder and CEO Caitlin Long said that...
Crypto custodian BitGo has announced that it has hired former Silvergate Bank president Ben Reynolds as managing director and head of U.S. dollar standards. Ben will oversee the development of BitGo's U.S. dollar-standard stablecoin USDS, which will be launched next year.
Japan's Financial Services Agency issued an opinion saying that "non-custodial wallet services" using authentication technology do not belong to the category of crypto asset trading business (management business), a decision that helps to ease some legal uncertainties in the crypto asset (virtual currency) industry. The decision was made through a "grey area elimination regime" based on the Industrial Competitiveness Enhancement Act, which aims to promote innovation by clarifying in advance the ...
The ICP-based uncustodial bitcoin token, ckBTC, will be connected to the Cosmos ecosystem through Osmosis. Osmosis is working with the OmnityNetwork established by ICP to provide a service to bridge uncustodial BTC to Cosmos. CckBTC is a bitcoin token pegged 1:1 to the value of BTC.
Digital asset custodian BitGo has announced that it has become custodian of four ETF funds, including two US spot ETFs of 21Shares: the ARK 21Shares Bitcoin ETF (ARKB) and the 21Shares Core Ethereum ETF (CETH). In addition, BitGo also provides custody services for Hashdex and Valkyrie (now Coinshares).
With institutional demand for Bitcoin, digital asset custodian service BitGo has announced the integration of Stacks into Bitcoin staking rewards. According to the head of investors in the Stacks ecosystem, the integration is due to the growing demand for Bitcoin from institutions. The integration of BitGo with Stacks, the Bitcoin L2 network, will enable users of the platform to earn Bitcoin (BTC) rewards through "stacking", a process that allows Stacks (STX) holders to generate native BTC gains...
Zodia Custody, a cryptocurrency custodian and subsidiary of Standard Chartered, announced a partnership with Metrika, a digital asset Risk Management Platform that automates threat and risk assessment and compliance processes, streamlines operations and allows teams to focus on strategic priorities.
Custodia Bank has just filed an opening brief with the 10th Circuit Court of Appeals challenging a Wyoming judge's decision to grant the Federal Reserve unfettered authority to reject its master account. Custodia is asking the appeals court to direct the Wyoming District Court to vacate the rejection of Custodia's master account and grant it a master account. Custod...
Digital asset bank Custodia is appealing after a judge's ruling in a U.S. court in Wyoming found that the bank is not entitled to a master account in the Federal Reserve System. Custodia has been trying to get that authority for years, but Judge Scott Scavdahl said in his March judgment that the Federal Reserve Bank has the discretion to decide whether to grant a master account. Lawyers for Custodia appeared in...
数字资产银行Custodia在美国怀俄明州法院的法官裁定后提起上诉，该裁定认定银行无权获得联邦储备系统的主账户。Custodia多年来一直试图获得这一权限，但法官斯科特·斯卡夫达尔在3月份的判决中表示，联邦储备银行有权酌情决定是否授予主账户。Custodia的律师于上周五在...
Custodia Bank lost the lawsuit against the Federal Reserve for rejecting the application for a master account, and the judge ruled that the Federal Reserve has the authority to decide whether to grant the master account. Wyoming District Judge Scott Skavdahl stated that federal law does not require the National Central Bank to allow every eligible depository institution to access its main account system, and the evidence provided does not indicate that the Federal Reserve Board has influenced a ...
Custodia Bank在诉美联储拒绝主账户申请的诉讼中败诉，法官裁定，美联储有权决定是否授予主账户。怀俄明州地区法官Scott Skavdahl表示，联邦法律并没有要求国家中央银行让每一家符合条件的存款机构都能进入其主账户系统，所提供的证据也没有表明美联储理事会影响了美联储的一个地区分支机构拒绝其账户申请。
According to Fox reporter Eleanor Terrett, the judge will make a ruling on the case of Custodia Bank v. Federal Reserve this week, with two trials starting from April 1st.
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