Luxembourg Strengthens Oversight on Crypto Activities for CASPs Luxembourg, a key player in the world of finance, has recently taken significant steps to tighten reporting rules for Crypto Asset Service Providers (CASPs). The new regulations aim to enhance transparency and accountability in the crypto sector, covering a wide range of activities including portfolio management, custody, […]
BNY Mellon Moves Closer to Offering Bitcoin and Ether Custody Services
In a significant shift for the financial services landscape, BNY Mellon, one of America’s leading banks, is advancing its plans to offer custody services for Bitcoin and Ether exchange-traded funds (ETFs). This decision is primarily influenced by a recent ruling from the U.S. Securities and Exchange Commission (SEC), which has relaxed certain regulatory requirements that […]