Coinbase Urges US Regulators to Clear Path for Banks in Crypto Market Coinbase, a leading US-based cryptocurrency exchange, is pushing for clearer regulations in the US to enable banks to offer cryptocurrency custody and trading services, while celebrating recent progress in the UK. Coinbase urges US regulators for regulatory clarity Approval from UK’s FCA makes […]
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SAB 121 Rescinded: A Clear Path to Crypto Custody and Regulation in 2025 The U.S. Securities and Exchange Commission (SEC) announced a significant shift in crypto regulation by withdrawing Staff Accounting Bulletin 121 (SAB 121) and introducing SAB 122 on January 23, 2025. This move, backed by President Donald Trump’s administration, signals a departure from […]
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Standard Chartered Launches Crypto Custody Services in EU via Luxembourg Entity Amid MiCA Regulation Standard Chartered, a leading traditional bank, has set its sights on the European Union’s burgeoning crypto market by establishing a new entity in Luxembourg. This move, announced on January 9, leverages the EU’s new Markets in Crypto Assets (MiCA) regulation, positioning […]
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