CrispyBull

Standard Chartered plans to acquire Zodia Custody’s custody business and integrate it into its regulated banking operations. The restructuring also creates Zodia Solutions under SC Ventures, highlighting how traditional banks are expanding institutional digital asset infrastructure and custody services.

Bitcoin Depot has filed for Chapter 11 bankruptcy after regulatory pressure, financial losses, and a recent security breach intensified pressure on its business. The company shut down its network of more than 9,000 Bitcoin ATMs while preparing for an orderly wind-down and asset sale.

Poland’s parliament approved a MiCA-aligned crypto bill while prosecutors investigate the collapse of Zondacrypto, once the country’s largest exchange. The legislation comes amid allegations of fraud, inaccessible Bitcoin wallets and growing political conflict over crypto oversight.

The Senate Banking Committee advanced the CLARITY Act after months of negotiations involving banks, crypto firms, and lawmakers. The bill now faces a difficult path through the Senate as disputes over stablecoins, DeFi oversight, and ethics provisions continue.

The CFTC is easing compliance pressure on event-contract platforms while defending federal authority over prediction markets in court. At the same time, states including Minnesota are escalating efforts to restrict operators such as Kalshi and Polymarket, setting up broader legal and regulatory battles.