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SEC rescind SAB 121


27 January 2025 US
Reporter: Jack McRae

The rule had required reporting entities that act as custodians for crypto assets to include safeguarding liabilities and the corresponding assets as footnotes to financial statements
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Crypto Finances attains MiCAR license for the EU


27 January 2025 Germany
Reporter: Clelia Frondaroli

The license was granted by the Federal Financial Supervisory Authority (BaFin) and will enable the company to offer five services across Europe
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FV Bank Integrates with PYUSD Stablecoin


10 January 2025 Puerto Rico
Reporter: Klea Neza

The company says FV Bank account holders will be able to send outbound payments to beneficiaries in PYUSD without the need to mint the stablecoin themselves
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Standard Chartered opens new entity in Luxembourg


09 January 2025 Luxembourg
Reporter: Clelia Frondaroli

The company says that the launch is part of Standard Chartered's global digital asset strategy and follows the introduction of digital asset custody services in the UAE
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Crypto.com launches US trust company


24 December 2024 US
Reporter: Diana Bui

Crypto.com has launched Custody Trust Company, offering custody services to eligible US and Canadian institutions and high-net-worth clients