Standard Chartered agreed to acquire Zodia Custody's crypto custody operations, integrating them into its digital asset business. Zodia's infrastructure unit will become Zodia Solutions, majority-owned by Standard Chartered's VC arm.
$ELSA ($0.04459 | +2.45%)
$ELSA consolidating right around the mid-Bollinger band (0.04437) after a massive liquidity sweep up to 0.084. 🎯 Compression like this usually precedes the next explosive leg up. Eyes on a push back toward the upper band at 0.0489+ once buyers step in! 💎
#Strategy BTC treasury underwater
#Strategy Bitcoin losses widen
#Standard Chartered acquires Zodia Custody
#AI payment system developments
NEW: Minnesota Governor Tim Walz signs legislation allowing state-chartered banks and credit unions to offer crypto custody services starting August 1, 2026. The law requires strict asset segregation, cybersecurity standards, and 60 days notice to regulators before launch. At the same time, Minnesota moved to ban crypto ATMs statewide by the end of 2026, signaling a shift toward regulated bank custody over decentralized kiosks.
A pivotal strategic move reshaping the digital assets custody landscape! Standard Chartered’s decision to integrate Zodia Custody’s regulated operations and launch Zodia Solutions as a standalone entity reflects global banks’ shift toward building internal crypto custody services, signaling industry maturity and accelerating institutional demand.
JUST IN: 🇺🇸 Minnesota Governor signs law allowing banks and credit unions to securely hold #Bitcoin for customers. It is happening!🙌
# Today in Crypto: FBI Coins, Stablecoin Laws, and a Fake Trump Token The FBI just admitted they made their own crypto token to catch fraudsters. Wild but true - federal agents launched a token, watched bad actors manipulate it, then arrested them. It's called Operation Token Mirrors, and it actually worked. Meanwhile, Iowa just became the first state to pass stablecoin legislation into law. Governor Kim Reynolds signed it today. The law creates a regulatory framework for payment stablecoins and blocks the state from launching its own competing digital currency. And in peak 2025 chaos, someone launched a fake Trump memecoin and crashed it within hours. It hit $150 million market cap before rugpulling to zero. Not affiliated with Trump at all - just someone using his name for exit liquidity. The #FBI making tokens to catch scammers is dystopian and genius at the same time. Iowa's #stablecoin law might actually matter more long-term though. First state to pass real digital asset legislation.
If we have a tool to streamline the management of pre-signed transactions, custody logic expands, loans are no longer liquidated, automatic inheritances become easier, and fund migrations occur with privacy. We’re exploring this at @semillabtc
BlackRock and Fidelity Increasingly Bullish on Crypto Large financial institutions like BlackRock, Coinbase, and Fidelity are increasingly optimistic about the future of global crypto. Their primary focus is now on stablecoins, real-world asset (RWA) tokenization, artificial intelligence (AI), and increasingly clear crypto regulations in the US and Europe. Fidelity even predicts that more countries will start buying Bitcoin as a national reserve, while Ethereum is expected to continue to dominate the asset tokenization sector and the growth of institutional crypto ETFs.
#CLARITY Act advances in Senate
#Ethereum state storage debate
#Standard Chartered acquires Zodia Custody
Revolut launches its crypto card as the CEO reinforces expansion in banking and wealth management at @Strategy. Approval in the UK enables new products and solidifies growth in corporate banking.
Kenya has given @elonmusk’s social media platform X a three-month ultimatum to open a Nairobi office or risk suspension, as authorities push for tighter regulation, local accountability and compliance with Kenyan laws.
