Question 1

What is Cecabank and why does its crypto custody launch matter?

Accepted Answer

Cecabank is a Spanish wholesale custodian bank serving over 100 financial institutions with more than €400 billion in assets under custody. Its launch matters because it is the first B2B custodian bank in Spain authorized under MiCA, allowing its banking clients to offer crypto services without building their own infrastructure.

Question 2

Which major US banks are moving into crypto custody?

Accepted Answer

Three of the four largest US banks by assets have taken steps toward crypto services: JPMorgan Chase is considering crypto trading, Wells Fargo offers Bitcoin-backed lending to institutional clients, and Citigroup is building a crypto custody platform its securities services head has called "mission critical."

Question 3

When did US regulators formally approve bank crypto custody?

Accepted Answer

In July 2025, the OCC, Federal Reserve, and FDIC issued a joint statement confirming that national banks can provide crypto custody services as long as they implement adequate risk management and compliance frameworks.

Cecabank

€400B Spanish banking giant Cecabank enters crypto custody race

One sharp brief.
Every day.

Cecabank

€400B Spanish banking giant Cecabank enters crypto custody race

One sharp brief.Every day.

One sharp brief.
Every day.