BNY in talks with Kraken parent Payward over custody and trading infrastructure
Two people familiar with the discussions say an agreement is not assured and that elements could resemble the infrastructure component of Payward's deal with Nasdaq.
SEC custody proposal would make state trust companies qualified custodians
Adviser self-custody would require proving expertise and the absence of any willing qualified custodian, while state-chartered trusts would become eligible to hold client digital assets.
Circle urges EU to replace stablecoin bank-deposit mandates
The Defiant reports the USDC issuer also wants cross-border co-issuance kept in place and a path for foreign-issued stablecoins to be recognized.