Report: Nevada Regulators Freeze Crypto Custodian’s Activities After Discovering $11M Shortfall

[ad_1] Nevada’s Financial Institutions Division dropped the hammer on Fortress Trust, the crypto custodian based in the Silver State, after discovering an $11 million hole in client funds, according to a regulatory... Read more »

Ripple and Coinbase to qualify as crypto custodians under new SEC staff guidance

[ad_1] The SEC issued a no-action letter on Sept. 30, allowing investment advisers to use state-chartered trust companies as qualified custodians for crypto assets, opening the door for Ripple, Coinbase, and other... Read more »