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04 Oct 2022

The rising challenge of cryptocurrency compliance

report cover

Mainstream institutions are waking up to the allure of digital assets, as shown by Barclays’ recent decision to take a significant stake in Copper, the cryptocurrency custodian. Barclays is in good company: Citi announced in June that it had selected METACO to develop and pilot digital asset custody capabilities; BNY Mellon was chosen by Circle in March to be the primary custodian for the USDC stablecoin; and SC Ventures, the innovation and ventures arm of Standard Chartered, and Northern Trust are behind Zodia Custody, which they describe as “an institutional grade cryptoasset custody solution”.

Read the full report.

 

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