CIROβs new digital asset custody framework takes effect immediately, raising standards for crypto trading platforms as regulators push to reduce investor risk.
The U.S. Department of the Treasury is scrutinizing crypto platforms, not just wallets, for enabling Iranβs sanctions evasion, according to TRM Labsβ Ari Redbord.
An En+ subsidiary has filed an insolvency claim against the crypto mining firm, adding to pressure from energy debts, regulatory curbs and internal turmoil.
Nomura CEO Hiroyuki Moriuchi said that the company introduced stricter position management to reduce risk exposure and limit earnings fluctuations from crypto market swings.
The Brazilian digital bank announced it received conditional OCC approval to provide deposit accounts, credit cards, lending and digital asset custody in the United States.
In partnership with Standard Charteredβs Zodia Custody, Dubai Insurance is the first insurer globally to issue a crypto wallet for its policy holders to transact with digital assets.
Russian lawmakers plan crypto regulations by midyear, permitting trading for qualified and retail investors while banning anonymous coins and domestic payments.