Minnesota just cleared the path for banks and credit unions to offer crypto custody, bringing digital assets further into the regulated financial system.
Virginia enacted a new framework for unclaimed digital assets, requiring the state to hold dormant crypto in its original form for a set period before any sale.
Australia has introduced its first comprehensive digital asset framework, mandating that crypto exchanges and custody providers secure financial services licenses.
St. Cloud Financial Credit Union launched a platform that lets members hold and manage digital assets like Bitcoin while keeping control, data, and governance within the credit union.
Morgan Stanley said at Strategy World that it plans to expand its digital asset offerings, including launching a native crypto custody and exchange solution.
U.S. Bank has resumed its cryptocurrency custody services for institutional investment managers, expanding its offering to include Bitcoin ETFs through a partnership with NYDIG.