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, 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, Thailand's second-largest bank by assets, Kasikornbank (also known as KBank), plans to launch orbitx Custodian as the country's first licensed digital asset custodian. orbitx Custodian has obtained a digital asset custodian license issued by the Ministry of Finance and will be regulated by the Thai SEC.The license for orbitx Custodian was obtained on September 13, but it was announced two weeks later. The business is expected to start operations in early 2025.

ChainCatcher news, according to The Block, fintech company tZERO Group Inc. has been approved by U.S. regulators to become a special purpose broker-dealer for "digital asset securities custody."According to a statement released by the company on Tuesday, the U.S. Securities and Exchange Commission and the Financial Industry Regulatory Authority have approved tZERO to custody digital assets, making it the second company to receive this license. Previously, digital asset company Prometheum received similar approval from the U.S. Securities and Exchange Commission last year, followed by approval from the U.S. Financial Industry Regulatory Authority to provide digital asset securities clearing and settlement services through its special purpose broker-dealer license.

ChainCatcher news, according to official sources, digital asset custody service provider Liminal has announced that it has received preliminary approval for digital asset custody services in the UAE. Once formal licensing is obtained, the team will oversee its custody operations in the Middle East, which includes supervising compliance and security protocols, risk management, and audit procedures to protect client assets.Additionally, the Web3 asset data platform RootData shows that Criminal is a digital asset management platform and multi-signature wallet that allows everyone to easily and securely manage their digital assets.

ChainCatcher news, according to Bloomberg, HSBC Holdings Plc will collaborate with Metaco, a subsidiary of Ripple Labs, to provide digital asset custody services such as tokenized securities for institutional clients, with the service expected to launch in 2024.This issuance will complement HSBC's digital asset issuance platform named HSBC Orion and the bank's recently launched tokenized gold issuance system.

ChainCatcher news, according to CoinDesk, Standard Chartered's subsidiary Zodia Custody (Singapore) Pvt. Limited announced its establishment in Singapore to provide digital asset custody services for financial institutions, and appointed former Bitgo General Manager Kai Kano as its first Chief Executive Officer.

ChainCatcher news, according to Ledger Insights, Standard Chartered Bank plans to launch digital asset custody services in the Dubai International Financial Centre (DIFC) after obtaining regulatory approval. The service will be aimed at institutional clients worldwide and will be supported by its subsidiary Zodia Custody. (Source link)

ChainCatcher news, according to CoinDesk, Germany's second-largest asset bank DZ Bank has hired Swiss company Metaco to provide digital asset custody services. DZ will use Metaco's custody technology platform Harmonize to handle its crypto services for institutional clients.Previously, Metaco has established similar partnerships with Citibank, Société Générale (GLE), and DekaBank. (CoinDesk)