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Nasdaq plans to roll out its custody services for digital assets such as Bitcoin by the end of Q2 2023, further entrenching traditional financial firms in the crypto sector. The move comes after several major players were forced to collapse due to market downturns.

https://www.cryptopolitan.com/nasdaq-crypto-custody-services-end-of-q2/

According to the bank, this report is 41% longer than the Fed's longest order. In late January, the Fed declined a membership request from Custodia Bank.

https://thenewscrypto.com/fed-reserve-cites-crypto-links-in-denying-custodia-bank-membership/?SNAPI

On March 16 the trademark application was submitted by Fujitsu. In February, Fujitsu released a Web3 acceleration platform.

https://thenewscrypto.com/japanese-tech-giant-fujitsu-files-crypto-related-trademark-with-uspto/?SNAPI

Coinbase's layer-2 platform, Base, is extending a request for builders to work on a safer DeFi, altcoins, on-chain reputation, and on-chain Limit Order Book(LOB) exchange through its Base Fund

https://crypto.news/coinbase-extends-request-for-builders-to-expand-ecosystem-via-base-fund/

The Group of Seven (G7) major industrialized democracies are reportedly planning to promote tougher regulations of the cryptocurrency sector during the 49th G7 summit which is scheduled for May 2023 and will take place in Hiroshima, Japan.

https://finbold.com/g7-nations-to-call-for-increased-oversight-of-cryptocurrency-markets/?SNAPI

The Group of Seven (G7) major industrialized democracies are reportedly planning to promote tougher regulations of the cryptocurrency sector during the 49th G7 summit which is scheduled for May 2023 and will take place in Hiroshima, Japan.

https://finbold.com/g7-nations-to-call-for-increased-oversight-of-cryptocurrency-markets/?SNAPI

Animoca Brands, a Hong Kong-based developer of blockchain gaming technology, has reduced its target for its metaverse fund by 20% to $800 million due to volatility in the crypto sector. The company's market capitalization has also fallen from $6 billion to below $2 billion, signaling a change in sentiment in the crypto industry.

https://blockchain.news/news/animoca-brands-cuts-metaverse-fund-target-to-800m

Coinbase, one of the largest US exchanges, has made a bold move to influence American politics by pledging support for pro-crypto candidates in US elections.

https://www.cryptopolitan.com/coinbase-takes-a-bold-step-toward-influencing-american-politics/

As new DAOs emerge left and right, figuring out how they stack up against one another is often an apples-to-oranges job for analysts.

https://decrypt.co/124551/all-centralized-firms-are-alike-every-dao-decentralized-own-way

The Federal Reserve Board has denied the membership application of Custodia Bank, Inc., a state-chartered special-purpose depository institution focused on the crypto-asset sector. The board cited concerns about Custodia's managerial, financial, and corporate powers factors as reasons for the denial.

https://www.cryptopolitan.com/custodia-bank-denied-membership-by-the-fed-over-crypto-ties/

Sony Interactive Entertainment has filed a patent for a framework allowing users to transfer and use NFTs across multiple game platforms.

https://blockchain.news/news/sony-files-patent-for-nft-transfer-between-game-platforms

The US Federal Reserve has denied Custodia Bank's membership application due to concerns over its involvement in the crypto industry. The Fed cited heightened illicit finance and safety and soundness risks, as well as a lack of a sufficient risk-management framework for its proposed cryptoasset-related activities.

https://blockchain.news/news/us-fed-denies-custodia-bank-membership-over-crypto-concerns

The CEO of a blockchain platform has been sentenced to four years and three months in prison for his role in a multi-million dollar cryptocurrency fraud scheme, according to a statement from the United States Department of Justice (DOJ).

https://coinfomania.com/titanium-blockchain-ceo-jailed-21m-crypto-fraud/?utm_source=rss&utm_medium=rss&utm_campaign=titanium-blockchain-ceo-jailed-21m-crypto-fraud

Banks Crisis: The German multinational bank, Deutsche Bank AG on Friday sent another shockwave in the traditional trading market when its shares price registered a decline of around 13%. However, Deutsche Bank AG's (ETR: DBK) share price now stands at $9.16.

https://coingape.com/?p=143360

The board of governors of the Federal Reserve System, better known as the Fed, has officially confirmed that they denied Custodia their application to be part of its network

https://crypto.news/federal-reserve-bars-custodia-says-operations-inconsistent-with-the-law/