BitGo gets OCC approval to become a national trust bank

https://fed.brid.gy/r/https://nerds.xyz/2025/12/bitgo-occ-national-trust-bank/

Crypto non-regulation, or, what comes after the wild wild west?? The SEC has withdrawn proposed Crypto regulations.

1) Rule 3b-16, to expand the definition of “exchange” to include decentralized finance protocols and tightened crypto custody standards for investment advisers.

Potential new definition = “alternative trading systems”.

2) Custody requirements: Investment firms would be required to hold client crypto assets with a “qualified custodian,” which typically meant regulated banks or broker-dealers.

Most crypto exchanges and wallet providers did not meet the definition of “qualified custodians,” which could have forced advisers to change providers or exit the space.

What does all this mean? CAVEAT EMPTOR!! https://cointelegraph.com/news/sec-axes-biden-era-proposed-rules-on-crypto-in-flurry-of-repeals

#Crypto #CryptoCurrency #SEC #CryptoCustody #CryptoRegulation #Regulation #Defi

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Deutsche Bank Quietly Plans to Offer Crypto Custody, Prime Brokerage

https://www.coindesk.com/deutsche-bank-crypto-custody-prime-brokerage

"Deutsche, the world’s 21st largest bank, said it aims to 'ensure the safety and accessibility of assets for clients by offering an institutional-grade hot/cold storage solution with insurance-grade protection.'"

"Aiming for a minimum viable product in 2021."

#Bitcoin  #DeutscheBank #Deutsche #Bank #Institutional #Custody #Custodial #DigitalAsset #CryptoCustody #BTC #WorldEconomicForum #WEF