# Custody Related Articles

HTX News Center provides the latest articles and in-depth analysis on "Custody", covering market trends, project updates, tech developments, and regulatory policies in the crypto industry.

Nexo States That MiCAR Provides Customers With a Clear Standard of Trust in Platforms

Crypto asset management platform Nexo has restructured its European Economic Area (EEA) operations to comply with the EU's Markets in Crypto-Assets Regulation (MiCAR). Instead of directly obtaining a MiCAR license, Nexo has partnered with two regulated German firms: Tangany and DLT Finance. Tangany, a MiCAR-licensed custodian, provides segregated digital asset storage, while DLT Finance, licensed under MiCAR and MiFID II, offers brokerage and trade execution infrastructure. This collaboration allows Nexo to maintain all its EEA services without disruption. Nexo leadership views MiCAR as the most significant regulatory framework for digital assets in Europe, providing a clear standard that builds institutional trust and long-term stability. They argue that clear regulations benefit the industry's credibility and give clients a benchmark to evaluate platforms. While some criticize EU rules as over-regulation, Nexo believes companies that build operational models around MiCAR can operate confidently across the EEA. Nexo anticipates industry consolidation as users migrate to platforms prioritizing verified compliance and asset protection. The partnership is presented as a model for institutions operating in the post-MiCAR European market, strengthening Nexo's position as a major player in shaping the next phase of regulated digital asset management.

cryptonews.ru07/29 07:31

Nexo States That MiCAR Provides Customers With a Clear Standard of Trust in Platforms

cryptonews.ru07/29 07:31

A New Era for Bitcoin and Altcoins Begins in Russia: Central Bank Publishes Draft Regulations!

Russia is taking significant steps to prepare for a new era in its cryptocurrency sector. Following the State Duma's recent approval of a bill regulating Bitcoin and altcoins, the Central Bank of Russia has published a draft framework to establish the first legal basis for systematic crypto trading in the country. This framework, an extension of the crypto market law expected to take effect in September, outlines procedures for buying and selling digital assets and sets key rules for their custody. It proposes that crypto custodians must maintain a capital of 50 to 250 million rubles (over $3 million USD) and meet additional requirements for storage and record-keeping. Furthermore, cryptocurrency exchanges will be allowed to define their own trading procedures and calculate weighted average prices for assets traded on their platforms. The Central Bank will also maintain a register of institutions authorized to hold digital deposits.

cryptonews.ru07/28 16:26

A New Era for Bitcoin and Altcoins Begins in Russia: Central Bank Publishes Draft Regulations!

cryptonews.ru07/28 16:26

Crypto.com, Backed by Citadel Securities, Transfers XYO and XL1 into Regulated Custody

Crypto.com, with backing from Citadel Securities, has placed XYO and XL1 tokens into regulated custody. This move provides eligible institutions and high-net-worth clients with a regulated mechanism for storing, managing, and exchanging these tokens without first having to transfer assets onto an exchange. The custody structure utilizes segregated MPC wallets managed by a bankruptcy-remote entity, with private keys secured via multi-party computation. Clients benefit from cold storage, audit trails, and direct access to Crypto.com's institutional liquidity while their assets are custodied, removing the operational step of pre-trade transfers. Company leadership positioned this as a strategic step to provide "unmatched security and seamless liquidity" for digital asset organizations, and to protect and scale the XYO ecosystem. The partnership builds on an existing relationship since XYO's initial listing on the exchange. This development follows Citadel Securities' $400 million investment in Crypto.com and comes as the company expands its regulatory standing, having received conditional approval to establish a national trust bank. For institutional investors, this custody agreement addresses a key barrier by demonstrating that smaller market-cap assets like XYO and XL1 can be held under the same regulatory and security standards as larger tokens. XYO operates a large DePIN network generating real-world data for AI and robotics, with XL1 handling its blockchain transactions and infrastructure.

cryptonews.ru07/27 21:18

Crypto.com, Backed by Citadel Securities, Transfers XYO and XL1 into Regulated Custody

cryptonews.ru07/27 21:18

Sailor: Refusal to integrate Bitcoin with the banking system and market 'condemns it to only 1% of its potential'

Saylor, Chairman of MicroStrategy, reiterates his long-standing argument via X that Bitcoin's long-term value depends on its integration into the existing financial system, not on existing outside it. He stated that refusing integration with banks, depositories, stock markets, and governments deprives the world of 99% of Bitcoin's benefits, limiting it to just 1% of its potential. This philosophical stance aligns with real-world developments, such as Citigroup's plan to launch institutional Bitcoin custody in 2026 and moves by major banks like Morgan Stanley into digital asset services. MicroStrategy, the largest corporate Bitcoin holder, exemplifies Saylor's view and its risks. It holds 843,775 BTC, purchased for ~$63.69B at an average of $75,482 per coin. Despite a current valuation loss, Saylor signals continued purchases. The company is also shifting its strategy, increasingly positioning its Bitcoin holdings as collateral for financial products like its STRC preferred shares, targeting the multi-trillion dollar private credit market.

cryptonews.ru07/27 11:55

Sailor: Refusal to integrate Bitcoin with the banking system and market 'condemns it to only 1% of its potential'

cryptonews.ru07/27 11:55

Bank of America Quietly Positions: Could $6 Trillion in Bank Deposits Flow into Stablecoins?

Bank of America (BofA) is making strategic moves in digital assets, appointing senior leaders to advance a platform covering stablecoins, tokenized deposits, custody, and crypto settlement. This comes amid a broader discussion about the potential migration of trillions in bank deposits to stablecoins. A cited TBAC report estimated up to $6.6 trillion in transactional deposits could be at risk of moving to stablecoins long-term, a point BofA's CEO previously conditioned on stablecoins being allowed to pay interest. The regulatory landscape is evolving, with the GENIUS Act setting a final implementation deadline for January 2027. Major banks, however, are not waiting; JPMorgan, Citi, BofA, and others are already developing tokenized deposit networks and services. Industry observers note that while retail crypto trading is sluggish, institutional adoption of stablecoins for real-world use cases is driving growth. Despite the activity, some analysts remain cautious, noting banks have a long history of blockchain announcements and that true structural change is slow. The stablecoin market itself has seen a recent dip from its peak. Optimistic projections, however, foresee significant growth, with stablecoin settlement volume already reaching $33 trillion in 2025. The race is on for the post-January 2027 landscape, where regulatory clarity is expected to accelerate the fusion of traditional finance and crypto.

marsbit07/22 01:53

Bank of America Quietly Positions: Could $6 Trillion in Bank Deposits Flow into Stablecoins?

marsbit07/22 01:53

Tokenized markets reach $2.3B – Why utility matters more than TVL

Tokenized financial markets have reached a $2.3 billion market capitalization, driven by growing institutional adoption of on-chain funds and equities. While Ethereum leads in custody value, holding 34% of the total, Solana processes the vast majority (95-97%) of tokenized equity trading. This highlights a key industry shift where execution and utility—measured by trading volume, transaction activity, and settlement efficiency—are becoming more critical than Total Value Locked (TVL) alone. Platforms like Arbitrum and Solana lead in holder growth, supported by established issuers such as Ondo Finance, underscoring that issuer reputation and robust liquidity channels are central to attracting institutional capital. The evolving landscape suggests blockchain networks will compete increasingly on real economic activity and capital efficiency.

ambcrypto07/19 17:02

Tokenized markets reach $2.3B – Why utility matters more than TVL

ambcrypto07/19 17:02

The Price of DeFi Mass Adoption: Understanding the Profit Distribution and Hidden Risks of Aave Stable Vaults

**Title:** The Price of DeFi Mass Adoption: Understanding Aave Stable Vaults' Profit Distribution and Hidden Risks **Summary:** Aave Labs' new "Stable Vaults" product aims to simplify DeFi for mainstream users by offering fixed yields, a rarity in crypto. The model inserts a middleman layer between users and Aave's underlying lending pools. This layer, often a fintech app or digital bank, absorbs interest rate volatility, guaranteeing users a pre-set stable return while capturing any excess yield from Aave's underlying pools. In exchange for this predictable "peace of mind" and services like customer support and simplified onboarding, users sacrifice potential higher yields and take on new counterparty risks from the operating entity and its infrastructure. The article illustrates this with the example of payroll provider Rise, which transparently passes through most Aave yield, versus the higher profit margins possible through Stable Vaults. While a rational trade-off for many non-expert users prioritizing simplicity and security, the system centralizes risk and obfuscates true market yields. Aave benefits by attracting sticky, non-speculative capital crucial for its long-term economic model, highlighting the industry's shift towards catering to fundamental human preferences for convenience over complex, self-managed financial systems.

Foresight News07/17 06:09

The Price of DeFi Mass Adoption: Understanding the Profit Distribution and Hidden Risks of Aave Stable Vaults

Foresight News07/17 06:09

Has BlackRock Again 'Withdrawn' $140 Million Worth of Bitcoin, Signaling the Start of an Era of Institutional Accumulation?

BlackRock is suspected of moving approximately 2,152 BTC (worth ~$140 million) from Coinbase Prime to an unknown cold wallet, a transaction widely interpreted by on-chain analysts as institutional asset allocation. This event highlights a shift in market focus from trading volume to institutional fund flows, particularly withdrawals from exchanges. Such moves typically indicate assets are being moved into long-term custody, reducing immediate market supply—a phenomenon known as supply shock. The context is BlackRock's spot Bitcoin ETF, iShares Bitcoin Trust (IBIT), which continues to see significant net inflows, with assets under management surpassing $20 billion. This reflects a broader trend of institutions treating Bitcoin as a long-term allocation tool rather than merely a speculative asset. The growing use of on-chain analytics platforms allows for increased transparency in tracking these institutional movements. While this single transaction doesn't dictate price, it underscores a structural evolution in the Bitcoin market. The increasing participation of long-term institutional capital, facilitated by ETFs, is gradually changing the market's composition from being trade-driven to being more configuration- or allocation-driven. The key question emerging is whether the market is transitioning into an era defined by long-term institutional holding.

marsbit07/16 09:48

Has BlackRock Again 'Withdrawn' $140 Million Worth of Bitcoin, Signaling the Start of an Era of Institutional Accumulation?

marsbit07/16 09:48

SEC’s Regulation Crypto Agenda Could Mark A Turn From Enforcement To Rulemaking

The SEC is preparing a formal "Regulation Crypto" policy agenda under Chair Paul Atkins, signaling a potential shift from an enforcement-first approach to clearer rulemaking for digital assets. This agenda is expected to address critical areas including broker-dealer obligations, custody standards, and operational requirements. While the move towards formal rules could reduce industry uncertainty and help firms plan, the market's reaction will ultimately depend on the specific details of the proposals. The development is significant as it provides a concrete regulatory signal for the market to track, separating it from short-term noise. However, it is not a guaranteed positive; its value hinges on whether subsequent data, filings, and execution confirm a workable regulatory direction.

bitcoinist07/13 22:06

SEC’s Regulation Crypto Agenda Could Mark A Turn From Enforcement To Rulemaking

bitcoinist07/13 22:06

Circle Secures a 'Federal Infrastructure License' for Stablecoins: The Deep Implications of Circle National Trust Receiving Final Approval from the OCC

Circle announced on July 10, 2026, that it has received final approval from the U.S. Office of the Comptroller of the Currency (OCC) to establish Circle National Trust, a federally chartered national trust bank. This landmark event marks the first time a stablecoin issuer has formally entered the U.S. federal regulatory system as a trust bank, signifying a major shift in competition from simply issuing tokens to controlling regulated infrastructure for issuance, custody, reserve management, and settlement. Initially, Circle National Trust will focus on providing digital asset custody services for Circle and its affiliates, with plans to potentially extend services to institutional clients later. While reserve management for USDC is planned as a future capability, the approval of the trust charter creates a federal pathway for it. This grants Circle significant federal regulatory credibility, a crucial factor for institutional adoption of USDC. The move positions USDC to evolve from a crypto-company stablecoin toward a federally supervised dollar settlement infrastructure. The approval underscores a strategic focus on building vertical integration for stablecoins—encompassing issuance, custody, and settlement—within a specialized trust bank model rather than a traditional commercial bank. This model aligns with the full-reserve, payment-oriented nature of stablecoins while leveraging federal oversight. For the broader payments industry, this development strengthens the stablecoin settlement rail for use cases like cross-border payments and real-time settlement, complementing rather than replacing existing systems like Visa or Mastercard. The move reshapes the competitive landscape, as other players like Coinbase and Paxos also seek similar trust charters. Circle has now established a significant regulatory moat. Overall, this approval represents a pivotal step for stablecoins, transitioning them from innovative tools to core financial infrastructure governed by the highest levels of U.S. banking regulation.

marsbit07/12 07:32

Circle Secures a 'Federal Infrastructure License' for Stablecoins: The Deep Implications of Circle National Trust Receiving Final Approval from the OCC