#Financial Infrastructure

State and federal actions, exemplified by Minnesota legislation, are systematically compelling traditional banks to integrate regulated crypto custody services, mitigating counterparty risk and formalizing digital assets into mainstream finance.

Standard Chartered's move to absorb Zodia's regulated custody arm signals a global consolidation trend, where major banks are prioritizing direct, in-house control over critical digital asset infrastructure to mitigate third-party risk and streamline compliance.

The UK is undertaking a comprehensive systemic upgrade to its financial plumbing, aiming to establish near-24/7 settlement capability and fully integrate digital assets, solidifying its position as a leading global financial hub.