"🔐 Big news from State Street Digital! As per Dickpin, the world's largest custodian bank is set to dive into crypto custody, covering Bitcoin, Ethereum, and ERC-20 tokens. With a clientele like sovereign wealth funds, this move is a game-changer! Regulatory updates coming soon. 🌐💼 #CryptoCustody #StateStreetDigital"

Ripple Expands: Acquires a custody firm, enhancing its asset management capabilities. This strategic move aims to bolster Ripple's position in the digital finance ecosystem.
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#Write2Earn #TrendingTopic #Ripple #CryptoCustody #FinanceInnovation

🏦 Zodia Custody, under Standard Chartered, introduces 'Interchange Connect' for institutional investors, linking accounts with Metaco, Fireblocks, Copper, and Clearloop, facilitating OTC transactions. Launching Q1 2024, with plans for more blockchain networks. 🔗💼💱 #CryptoCustody #InstitutionalInvestors

**🚀 Breaking News: 🌐 Cryptocurrency custody company Copper introduces Bitcoin L2 network Stacks on its platform, enabling users to securely store sBTC and Stacks assets through Copper's institutional custody service. 🛡️🚀 #Copper #Bitcoin #CryptoCustody

Zodia Custody, a crypto custody firm backed by Standard Chartered, to launch local services in Hong Kong, catering to institutional demand. CEO Julian Sawyer sees Hong Kong as an ideal environment and a hub for crypto's future. Licensing discussions with HKMA and SFC are ongoing. 🏦🇭🇰 #CryptoCustody #HongKongCryptoHub

🔐 India's CBI Bolsters Digital Asset Strategy, Partners with Custodian Liminal for Crypto Oversight 🌐

India's Central Bureau of Investigation (CBI) has taken a decisive step in the digital asset domain, appointing Liminal as the custodian for managing seized cryptocurrencies amid ongoing investigations.

🚀 India's Digital Leap in Blockchain and Web3

As the Indian subcontinent experiences a groundswell of interest in blockchain technology, the CBI's initiative represents a significant stride in addressing the challenges and complexities associated with digital assets.

🛡️ Can CBI Curtail Crypto-Related Frauds?

The partnership with Liminal, known for its secured non-custodial asset management solutions, underlines CBI's commitment to combatting digital asset scams.

📜 Tackling Crypto Scams Amidst Stringent Taxation

Despite heavy tax impositions on crypto transactions, India has been a hotspot for some of the largest crypto scams, with recent arrests bringing to light a fraudulent scheme involving a cryptocurrency called Korvio Coin.

🕵️‍♂️ The Investigation Intensifies: SIT and ED's Role

The Special Investigation Team, alongside the Enforcement Directorate, is delving deeper into these scams, unearthing substantial evidence and making significant arrests. With the alleged mastermind still at large and ongoing investigations revealing the scale of the operation, CBI's engagement with Liminal is timely.

🌟 A Paradigm Shift in Crypto Custodianship

The CBI's forward-looking strategy and the involvement of digital asset custodians like Liminal indicate a broader paradigm shift. Such collaborations are essential for ensuring that digital assets, despite their decentralized nature, are accounted for and protected within the legal framework.

🤔 How do you think such strategic partnerships will shape the future of digital asset management in law enforcement?

📣 For more insights into the evolving relationship between digital assets and regulatory measures, follow @TheBlockopedia.
#DigitalAssets #CryptoCustody #crypto #cryptocurrency #crypto2023

HexTrust, a Hong Kong-based cryptocurrency custody company, partners with STASIS, the issuer of the euro-backed stablecoin EURS. As reported by Pinbold, HexTrust will offer custody services for EURS. 🤝💼 #HexTrustSTASISPartnership #CryptoCustody

💼 Cryptocurrency custody providers BitGo and Copper are merging their custody and settlement networks to enhance cryptocurrency trading. This merger integrates BitGo's cold storage settlement system with Copper's Clear Loop, enabling customers to trade on exchanges like Bybit, OKX, Powertrade, Bitget, Gate.io, Deribit, BIT, Bitfinex, and Bitstamp without moving assets out of secure cold storage. 🚀🔒 #BitcoinWorld #CryptoCustody 🪙📊🤝

📊🔒 Over 1.5 billion unique BTC and ETH wallets exist, but only around 100 companies offer crypto custody services; the report suggests leveraging staking, real asset tokenization, and ETP to attract institutional investments. #BitcoinWorld #CryptoCustody #Tokenization 💼💰🚀

🏦🔒 Catlin Long, CEO of US crypto bank Custodia, emphasizes the need for banking-based custody to navigate the intricate regulatory landscape in crypto. 💼⚖️ In an interview with Decrypt, she draws a parallel between securities and crypto custody, highlighting the importance of banks for enhanced customer protection and adept handling of regulations. With regulatory approval in hand, Custodia stands poised to bridge the gap. 🌉💪 #CryptoCustody #Regulation #BankingApproach #BitcoinWorld

🏦 DZ Bank, a top German bank, launches blockchain-based digital asset custody platform for institutions, aiming to handle cryptocurrency securities like crypto bonds. Head of Securities Services and Digital Custody, Holger Meffert, envisions a future where much of capital markets work will be on DLT-based infrastructure. The bank seeks to provide cryptocurrency buying services for both institutional investors and individuals and has applied for a cryptocurrency custody license from Germany's BaFin. #CryptoCustody #BitcoinWorld 📊🏛️🪙