Minnesota legalizes crypto custody services for banks, credit unions

Minnesota-based banking institutions and credit unions will be authorized to provide digital asset custody services in a nonfiduciary capacity as of Aug. 1.

Minnesota-based banking institutions and credit unions will be authorized to provide digital asset custody services in a nonfiduciary capacity as of Aug. 1.

Institutional investors pulled capital from Bitcoin and Ether products as Iran tension and rising inflation rattled markets, while XRP and Solana funds continued to attract fresh inflows.

A16z crypto said that when US legal frameworks strike a balance between innovation and consumer protection, the impact tends to ripple through into global markets.

Potential liquidity contractions in secondary markets and surging government bond yields could spell trouble for preferred perpetual stockholders.

The notes carry a 0% coupon, but can be converted into equity in the company if holders choose to redeem their notes for shares.

The US Commodity Futures Trading Commission is currently headed by Chair Michael Selig, with no public statement from Donald Trump about fully staffing the five-member panel of commissioners.

The crypto ATM company reported financial difficulties amid a changing regulatory environment and ongoing litigation, which have cost it millions of dollars.

The Hyperliquid decentralized exchange allows anyone who stakes 500,000 HYPE tokens, valued at roughly $22.2 million, to deploy new markets.

The new card lets users spend USDC balances through online, in-store and contactless transactions while accessing ATM withdrawals in supported regions.

Law firm Gerstein Harrow LLP is attempting to claim frozen cryptocurrency funds for claimants of unrelated judgments stretching back decades.