SEC No-Action Letter Allows State Trust Companies to Provide Crypto Asset Custody Services

The SEC Division of Investment Management issued a no-action letter providing that it would not recommend enforcement action under the Advisers Act Rule 204(6)-2 (custody rule) or Section 17 of the ICA... Read more »

SEC Withdraws 2019 Statement and Issues FAQs on Broker-Dealer Custody of Digital Assets

The SEC’s Division of Trading and Markets and FINRA withdrew their 2019 joint staff statement on broker-dealer custody of digital asset securities, effective immediately. The SEC’s Division of Trading and Markets also... Read more »
Judge orders US to maintain custody of migrants possibly sent to Africa, says US violated his order

Judge orders US to maintain custody of migrants possibly sent to Africa, says US violated his order

Home Daily News Judge orders US to maintain custody of migrants… Immigration Law Judge orders US to maintain custody of migrants possibly sent to Africa, says US violated his order By Debra... Read more »
Judge orders US to maintain custody of migrants possibly sent to Africa, says US violated his order

Judge orders US to maintain custody of migrants possibly sent to Africa, says US violated his order

Home Daily News Judge orders US to maintain custody of migrants… Immigration Law Judge orders US to maintain custody of migrants possibly sent to Africa, says US violated his order By Debra... Read more »

OCC Clarifies Bank Authority to Engage in Crypto-Asset Custody and Execution Services

The Office of the Comptroller of the Currency (OCC) issued Interpretive Letter 1184, clarifying the authority of national banks and federal savings associations to buy and sell assets held in custody on... Read more »

SEC Announces Agenda for Roundtable on Custody of Crypto Assets

The SEC’s Crypto Task Force announced the agenda for its roundtable on considerations for crypto asset custody. The roundtable will be held on April 25, 2025, from 1 p.m. to 5 p.m.... Read more »

SEC Rescinds Staff Accounting Bulletin 121 (SAB 121) on Crypto Custody Accounting

The SEC issued Staff Accounting Bulletin 122 (SAB 122), rescinding Staff Accounting Bulletin 121 (SAB 121), under which the SEC had recommended that an obligation to safeguard crypto assets held for platform... Read more »
Suspect in custody after courthouse explosion that injured several people

Suspect in custody after courthouse explosion that injured several people

Home Daily News Suspect in custody after courthouse explosion… Criminal Justice Suspect in custody after courthouse explosion that injured several people By Debra Cassens Weiss September 25, 2024, 4:05 pm CDT Police... Read more »
Suspect in custody after courthouse explosion that injured several people

Suspect in custody after courthouse explosion that injured several people

Home Daily News Suspect in custody after courthouse explosion… Criminal Justice Suspect in custody after courthouse explosion that injured several people By Debra Cassens Weiss September 25, 2024, 4:05 pm CDT Police... Read more »

World Federation of Exchanges (WFE) Publishes Crypto-Asset Custody Blueprint

The World Federation of Exchanges (WFE) published a paper addressing crypto-asset custody, including a comparison of custody services in traditional financial sectors and crypto markets. Source link Read more »
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