Some Russian banks have been increasingly concerned about the potential implications of the digital ruble after the first pilots started in August.
KEB Hana Bank and BitGo plan to launch a joint cryptocurrency custody venture in the second half of 2024.
SoFi started offering crypto services even before becoming a bank, and its banking license might change how it hodls crypto.
Heartland Tri-State Bank of Elkhart was closed on July 29, with the Federal Deposit Insurance Corporation (FDIC) taking control.
The Office of the Superintendent of Financial Institutions (OSFI) is opening public consultations on two draft guidelines updating its capital and liquidity approach to crypto assets.
Forge will have a right not only to custody the digital assets but also to purchase and sell them for legal tender, as well as to trade against each other.