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Wyoming Division of Banking · WY

Two Ocean No-Action Letter: Digital Asset Custody & Qualified Custodian Status

Summary

The Wyoming Division of Banking issued a no-action letter clarifying that Two Ocean Trust may maintain qualified custodian status while providing digital asset custody services. This position allows entities to operate under specific regulatory constraints without triggering enforcement actions for digital asset management activities.

Two Ocean No-Action Letter: Digital Asset Custody & Qualified Custodian Status

Source: https://wyomingbankingdivision.wyo.gov/announcements-and-publications/two-ocean-no-action-letter-digital-asset-custody-qualified-custodian-status

Common questions

What does "Two Ocean No-Action Letter: Digital Asset Custody & Qualified Custodian Status" cover?
The Wyoming Division of Banking issued a no-action letter clarifying that Two Ocean Trust may maintain qualified custodian status while providing digital…
Which agency issued this update?
This update was issued by Wyoming Division of Banking.

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