Tether-backed crypto exchange freezes withdrawals after $7 million leaves custody

[ad_1] Tether-backed Orionx is shutting down with customer withdrawals frozen after more than $7 million left its custody. The Chilean crypto exchange said a forensic audit found that customer assets had been... Read more »

Deribit ends daily proof of reserves amid Coinbase custody shift

[ad_1] Deribit will remove its public Proof of Reserves page on Sept. 1, ending a daily check customers could use to verify balance inclusion and compare aggregate liabilities with published wallet holdings.... Read more »

Reported Riot 500 BTC custody transfer exposes Bitcoin miners’ AI funding pressure

[ad_1] Riot Platforms’ reported 500 BTC movement to NYDIG Custody gives the market a live signal for how public miners may use coin treasuries as AI and data-center costs rise. PANews reported... Read more »

SEC Publishes Crypto FAQs Clarifying Trading, Custody, and Market Infrastructure Rules

[ad_1] SEC staff guidance clarifies how existing securities laws apply to crypto assets, detailing custody, capital, trading, and recordkeeping expectations while signaling flexibility for broker-dealers and market infrastructure handling bitcoin, ether, and... Read more »

SEC Pushes Regulatory Progress With Broker-Dealer Crypto Custody Clarity

[ad_1] The SEC outlined how broker-dealers can legally custody crypto asset securities under existing customer protection rules, offering long-awaited clarity on possession, control, and risk management while signaling tighter safeguards for digital... Read more »

SEC Educates Retail Investors on Holding Crypto as Custody Decisions Become Market-Critical

[ad_1] The SEC is educating retail crypto investors on how the storage of digital assets can determine whether holdings survive hacks, bankruptcies, or shutdowns, while urging closer scrutiny of custodians and stronger... Read more »

SEC Commissioners Disagree on Crypto Custody Rules for Registered Advisers and Funds

[ad_1] A sharp divide among SEC commissioners is reshaping the crypto custody debate, as Hester Peirce backs new flexibility while Caroline Crenshaw warns of weakened investor protections. New SEC Guidance Spurs Debate... Read more »

US Bancorp Relaunches Bitcoin Custody After SEC Rule Reversal Under Trump

[ad_1] US Bancorp has reentered the crypto space by relaunching its digital asset custody services aimed at institutional investment managers. US Bancorp’s reentry follows a regulatory shift under President Donald Trump’s current... Read more »