
Fidelity Pays $500K to California Over Crypto Withdrawal Limits
California AG Rob Bonta announced a $500,000 settlement with Fidelity Digital Asset Services over past limits on moving purchased crypto into self-custody.
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Original coverage across the crypto market, updated daily.

California AG Rob Bonta announced a $500,000 settlement with Fidelity Digital Asset Services over past limits on moving purchased crypto into self-custody.

Quantus Network will be integrated into Strongpoint, Project Eleven's institutional custody platform for post-quantum assets, with support targeted for Q1 2027.

Quantus Network joins Project Eleven's Strongpoint custody platform as a development partner, with integration support targeted for the first quarter of 2027.

Crystal's October 5 snapshot found about $396 million of Open USD unmoved across eight Tempo wallets, leaving custody-account activity unclear.
The federally chartered crypto bank's CEO told staff about the cuts this week, according to The Information, tying them to a prolonged market slump.
Intruders bound two parents and their children, aged 8 and 12, with tape before forcing a €40,000 digital asset transfer, with no arrests reported.

Deribit shifted most client funds to Coinbase and ended its daily Merkle proof-of-reserves check on Sept. 1.
The SEC has transmitted a revised crypto custody rule to the White House for review, flagged as deregulatory.

A customer notice claims Bitstamp will freeze incoming crypto payments above €1,000 starting tomorrow, with exchange transfers unaffected.

Swiss cantonal bank BancaStato launches regulated crypto trading and custody via Sygnum integration.
Spot bitcoin ETFs launched in January 2024 have opened the door for institutional investors by eliminating custody and compliance hurdles.

BitGo's Bielik acquisition signals a trend where smaller platforms use regulated custody to comply with MiCA.

DTCC and Stellar are collaborating on a tokenization pilot for DTC-custodied assets, though it is not yet a live settlement system.