ChainCatcher news, according to Bloomberg, informed sources revealed that the Italian banking group Banca Sella Holding SpA is conducting an internal pilot project to test custody services for digital assets such as stablecoins.The informed sources stated that Sella has been collaborating with the technology provider Fireblocks for this pilot. They also mentioned that currently, the banking group only allows a limited number of professional employees to hold digital assets internally, and this service may be extended to clients in the future.

ChainCatcher news, according to Bloomberg, informed sources revealed that Deutsche Bank AG plans to launch its digital asset custody service next year (2026) and has invited the technology department of cryptocurrency exchange Bitpanda to assist in building the service.The sources stated that the bank's corporate banking division had publicly announced its custody business plans as early as 2022 and will continue to collaborate with Swiss technology service provider Taurus SA to advance this project. These sources requested anonymity due to the confidential nature of the discussions. The advancement of this custody service comes as major financial institutions are increasingly focusing on crypto assets. The newly introduced European crypto regulatory framework and the gradual shift towards a favorable environment in the U.S. have led traditional institutions to show greater interest in digital assets.Bitcoin prices have continued to rise since Trump was re-elected president in November 2024. Trump appointed several officials who support cryptocurrencies to key regulatory positions and pushed for stablecoin regulatory reforms, boosting market confidence. According to earlier reports by Bloomberg, Deutsche Bank stated this month that it is exploring stablecoins and various forms of tokenized deposits, including issuing its own tokens or joining industry alliances. Additionally, the bank is also evaluating whether to develop its own tokenized deposit solutions for the payments sector.

ChainCatcher news, Hong Kong Legislative Council member Wu Jietzhuang stated on social media, "The Hong Kong SAR government has today consulted the public on over-the-counter trading and custody services for digital assets. The consultation document details the situation of the first consultation and the main content of the second round of consultation. Over-the-counter trading and custody services for digital assets are very important for the development of digital assets in Hong Kong and are policies and regulations that the industry has been discussing for some time. The public suggestion consultation window will be open until August 29, 2025."

ChainCatcher news, according to Jin10, JPMorgan Chase (JPM.N) CEO Dimon stated that they will allow clients to purchase Bitcoin, but will not provide custody services for it.

ChainCatcher news, according to official sources, the cryptocurrency exchange Kraken has announced a partnership with Beeks Exchange Cloud to launch a custody service, which is planned to go live later this year to support institutional and individual clients with very high trading performance requirements.

ChainCatcher news, according to official news from Anchorage Digital, as the only federally chartered digital asset bank in the United States, it will deepen its partnership with BlackRock to provide digital asset custody services to meet the growing demand for digital assets from retail and institutional clients.

ChainCatcher news, according to Bloomberg, Deutsche Boerse's post-trade division Clearstream announced that it will begin offering cryptocurrency settlement and custody services for institutional clients starting in April this year.According to a statement released by Clearstream on March 11, the company plans to provide Bitcoin and Ethereum services to its 2,500 clients through its subsidiary Crypto Finance as a sub-custodian. Clearstream also plans to expand support for other cryptocurrencies in the future and offer services such as staking, lending, and brokerage.

ChainCatcher news, according to Cointelegraph, Turkey's digital bank BankPozitif is set to collaborate with Swiss crypto platform Taurus to launch cryptocurrency custody services, becoming the latest financial institution in Turkey to embrace digital assets.Currently, the two parties have established a strategic partnership, allowing their institutional clients to store crypto assets at the bank.

ChainCatcher news, according to a report by Jinbao, the US-listed cryptocurrency exchange Coinbase announced that it is considering expanding into the Asia-Pacific market. Its Managing Director for the Asia-Pacific region and Director based in Australia, John O'Loghlen, stated that after exiting the Japanese market two years ago, although Japan has recently relaxed token restrictions, the variety of tokens remains very limited and platforms must have at least 10 actual employees, which poses significant challenges from a business perspective.John O'Loghlen also mentioned that there are currently no plans to operate in Hong Kong. If an international platform enters the Hong Kong market, it may require changing the entire tech stack of the exchange. However, Coinbase has already begun providing custody services for local ETFs in Hong Kong and is in discussions with HSBC regarding a sub-custodian plan for ETFs.

ChainCatcher news, according to CoinDesk, DekaBank, a large German financial institution managing €377 billion ($395 billion) in assets, has announced the launch of cryptocurrency trading and custody services for institutional clients.The company has obtained regulatory approval for crypto custody under the German Banking Act from the Federal Financial Supervisory Authority (BaFin) prior to the launch of the new services.

ChainCatcher news, according to Ledger Insights, State Street plans to launch cryptocurrency custody services next year. Last year, State Street collaborated with Taurus to develop custody technology. A survey conducted by State Street in the middle of last year showed that clients have a strong interest in digital asset custody— including tokenization and cryptocurrencies, but with a greater interest in cryptocurrencies.It is reported that State Street's assets under custody (AUC) amount to $46.6 trillion, making it the second-largest custodian in the world.

ChainCatcher news, according to Cointelegraph, Standard Chartered has obtained a Luxembourg license to launch digital asset custody services in the EU.

ChainCatcher news, according to FinanceFeeds, Crypto.com announced the establishment of Crypto.com Custody Trust Company, which will provide digital asset custody services for qualified institutions and high-net-worth clients in the United States and Canada after obtaining a trust company license.In the coming weeks, the digital assets of users in the US and Canada will be migrated to the newly established custody trust company, and users will continue to have access to their accounts and funds during the migration process.

ChainCatcher news, Bybit announced that it will terminate withdrawal and custody services in France starting from January 8, 2025. After January 8, 2025, users with asset values of 10 USDC or below will be charged a fee of 10 USDC and have their accounts closed. For users with assets exceeding 10 USDC, BYBIT will initiate the transfer of any remaining funds to Coinhouse, and subsequent withdrawals will need to be processed through their platform.

ChainCatcher news, Standard Chartered Bank announced that it will provide cash management, trading, and custody services for the stablecoins issued by Paxos outside the United States.It is reported that Paxos has issued the Lift Dollar (USDL) in Abu Dhabi, with a market capitalization of $54 million, and the Global Dollar (USDG) in Singapore, with a market capitalization of $29 million.John Collura of Standard Chartered Bank stated, "Our partnership with Paxos reflects Standard Chartered's commitment to trust and innovation in the future of digital finance. By providing robust cash management, trading, and custody services, we support the next generation of secure and regulated digital asset solutions in driving global adoption and economic inclusion."

ChainCatcher news, according to Chainwire, the Turkish crypto asset technology company Paribu has announced the launch of Paribu Custody services, providing digital asset custody and management services for global institutional clients. Since its establishment in 2017, the platform has accumulated 7 million users.Cem Sağlam, Paribu's Institutional Sales and Business Development Manager, stated that the company's self-developed ColdShield® technology integrates MPC, SGX, and HSM technologies, dispersing customer private keys across multiple independent environments to ensure that no individual or organization can access the complete private key.

ChainCatcher news, according to Coindesk, the cryptocurrency company Copper announced in a press release on Wednesday that it will now provide custody and trading for tokenized money market funds such as BlackRock's BUIDL for its clients.The company has signed new partnerships with major players in the tokenization space, including Securitize, Franklin Templeton, Ondo, and Hashnote. Securitize is the transfer agent and tokenization platform for BlackRock's US Dollar Institutional Digital Liquidity Fund, which is issued on the Ethereum blockchain and represented by the blockchain-based BUIDL token.

ChainCatcher news, according to CoinDesk, the cryptocurrency company Copper announced in a press release on Wednesday that it will now provide custody and trading for tokenized money market funds such as BlackRock's BUIDL for its clients.The company has signed new partnerships with major players in the tokenization space, including Securitize, Franklin Templeton, Ondo, and Hashnote. Securitize is the transfer agent and tokenization platform for BlackRock's US Dollar Institutional Digital Liquidity Fund, which is issued on the Ethereum blockchain and represented by the blockchain-based BUIDL token.

ChainCatcher news, according to PCHOME, Taiwan's "Financial Supervisory Commission" plans to launch a pilot program for virtual asset custody services, with three banks already expressing interest in applying. It is reported that the service may start as early as the first quarter of 2025, targeting virtual asset exchanges and professional institutional investors. Hu Zehua, Director of the Comprehensive Planning Department of the Financial Supervisory Commission, stated that applying institutions need to provide detailed descriptions of the types of virtual assets to be custodied, such as Bitcoin, Ethereum, etc.The Financial Supervisory Commission will pay special attention to the security of the business and the implementation of anti-money laundering measures. This move aims to promote financial innovation and lay the foundation for the upcoming special law on virtual assets. It is expected that by the end of this year, the Financial Supervisory Commission will introduce a draft of the relevant special law to provide a clear development framework for the virtual asset industry.