14 stories about Custody from across the crypto press, curated and summarized daily. Most recent: Sep 6, 2026.
Tether-backed Orionx is shutting down permanently after an audit revealed a $7 million gap in customer assets. The audit found that funds were moved to wallets outside Orionx's custody, raising concerns about asset security.
The SEC has submitted a proposed overhaul of crypto custody rules to the White House for review, aiming to clarify how investment advisers and funds must safeguard digital assets for clients.
BitGo has secured a virtual asset license in South Korea, claiming to be the first global crypto company to do so. The move highlights the growing institutional interest in South Korea's crypto market, backed by major local financial players.
Citi plans to let institutional clients hold Bitcoin and traditional assets through the same custody framework, signaling growing mainstream adoption of crypto by major financial institutions.
Blockchain.com has obtained a VASP custody license in the Cayman Islands, adding to its recent regulatory approvals in Europe. This move strengthens its position as a regulated crypto service provider in key global markets.
A security flaw in the Coldcard hardware wallet has analysts at Cantor Fitzgerald and FRNT Financial predicting increased demand for regulated bitcoin products, potentially benefiting custody providers and bitcoin ETFs as investors seek safer alternatives.
Coinbase is building a post-quantum custody system and funding Bitcoin's cryptographic upgrades to protect against future quantum computing threats. While the threat is not imminent, quantum computers could one day break Bitcoin's cryptography.
Russia's largest private bank, Alfa-Bank, plans to offer Bitcoin and crypto trading, custody, and a digital depository once new regulations are in place. This move is part of a broader trend among major Russian banks entering the crypto market by late 2026 or 2027.
BitGo launched new quantum-risk tools that help institutional Bitcoin holders identify and reduce potential future quantum-computing exposure in their custody wallets.
Anchorage Digital and Binance have launched an off-exchange settlement service, allowing institutions to trade on Binance while keeping their assets in segregated custody at Anchorage Digital Bank instead of on the exchange. This reduces counterparty risk and enhances security for large-scale crypto trading.
Texas has appointed a five-member advisory committee to oversee its Strategic Bitcoin Reserve as the state prepares to transition from ETF exposure to directly custodied bitcoin.
Texas is moving its $10 million Bitcoin reserve from BlackRock's IBIT ETF to direct custody, hiring a crypto custodian to manage the state's holdings. This shift reflects a growing trend among institutions to take direct control of their Bitcoin assets.
Minnesota has created the Midwest's first unified digital asset safety net for banks and credit unions. Starting August 1, these institutions will offer crypto custody services, providing a more secure way to manage digital assets.
Onramp has raised $12.5 million in Series A funding to grow its multi-institution Bitcoin custody platform. This funding round values the company at $135 million, highlighting the growing demand for secure Bitcoin storage solutions for institutions.