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Standard Chartered Launches Bitcoin and Ethereum Custody in UAE

Standard Chartered Launches Bitcoin and Ethereum Custody in UAEStandard Chartered has launched a digital asset custody service in the United Arab Emirates (UAE), licensed by the Dubai Financial Services Authority. The service aims to provide secure storage for digital assets, initially focusing on bitcoin and ethereum. Brevan Howard Digital is the first client, and the bank plans further expansion into additional digital assets. […]

A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve

Prometheum launches Ether custody service that treats ETH as a security: Report

The digital assets platform soft-launched its controversial Ethereum custody service on May 17 and is targeting a full launch next month.

Digital asset trading and custody firm Prometheum has reportedly soft-launched its controversial Ether (ETH) custody service, which treats digital assets as security.

According to a May 20 report from Fortune, the custody solution has been rolled out to a few select companies on May 17, with a full-scale launch expected to take place in June.

Prometheum is targeting its services toward asset management firms, hedge funds, banks and registered investment advisors and aims to expand to retail clients later in 2024.

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A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve

Federal Reserve, FDIC, OCC Discuss Allowing Banks to Hold Crypto on Balance Sheets

Federal Reserve, FDIC, OCC Discuss Allowing Banks to Hold Crypto on Balance SheetsA group of U.S. banking regulators is working on how banks can be allowed to offer crypto services and hold cryptocurrencies on their balance sheets. The chairman of the Federal Deposit Insurance Corporation (FDIC) said, “If we don’t bring this activity inside the banks, it is going to develop outside of the banks … The […]

A Theoretical Look at What Could Happen If Trump Creates a US Bitcoin Reserve