Fidelity Pays $500,000 In California Crypto Withdrawal Settlement
California has secured a $500,000 settlement with Fidelity Digital Asset Services over restrictions that previously prevented some crypto customers from moving purchased coins to their own wallets. TL;DR: Attorney General Rob Bonta announced the settlement on October 16. California challenged historical withdrawal restrictions; Fidelity disputes that its conduct breached state law, and transfers were enabled…
BNY Expands Regulated Crypto Custody Across The European Union Under MiCA
TL;DR: BNY has expanded its Digital Asset Custody platform to selected institutional clients across the European Union under MiCA. The move follows the addition of its European banking entity to the ESMA MiCA register and gives one of the world’s largest custody banks a regulated route to hold and administer crypto assets in the region.…
Post-Quantum Custody Platform Strongpoint Adds Quantus As Development Partner
TL;DR: Project Eleven and Quantus plan to integrate the Quantus Network with Strongpoint, Project Eleven’s institutional custody platform for post-quantum blockchain assets. Quantus has joined as a development partner, with support targeted for the first quarter of 2027. Crypto custody usually assumes the cryptography protecting today’s private keys will remain the cryptography protecting tomorrow’s assets.…