The companies, products and regulatory developments shaping the broker industry.
UAB DriveWealth Europe has added three MiCA crypto-service permissions to its investment-firm licence. The company plans a phased commercial rollout during 2027.
The Open Custody Network is intended to let eligible users mirror externally held assets into their trading accounts. The announcement leaves the named custody partners and detailed collateral terms unspecified.
Bitcoin Suisse’s Liechtenstein-regulated European entity is targeting clients across the Nordics with trading, custody and staking, including access using Nordic currencies.
Official BVI regulator records identify RXM Capital as the legal entity and RXMdigital as its trading name, with specifically enumerated virtual-asset services rather than blanket financial-services permission.
The US proposal would change when advisers and regulated funds can use state trust companies or qualified self-custody arrangements; it has not yet become law.
OKX reports four years of monthly proof-of-reserves disclosures, but its reserves ratios and asset-coverage totals should not be mistaken for an audit of every liability or a guarantee against losses.
Local relationship managers will serve wealthy individuals, companies and institutions through Bitcoin Suisse (Europe) AG. The European tariffs reveal a meaningful difference between private and corporate custody economics.
The interim framework permits Tier 1 and Tier 2 custodians to hold up to 100% of a dealer’s crypto assets, with lower ceilings for Tiers 3 and 4. Internal custody has a separate 20% limit, while tokenized traditional assets follow an approval and securities-location framework.
The proposed exception includes quarterly availability checks, two-person transaction approval and independent controls reporting. Adviser and regulated-fund requirements remain distinct.