Grayscale Dumps Coinbase for Anchorage in HYPE ETF Custody Shake-Up
Coinpedia·60-word summary·1 min read
Grayscale has replaced Coinbase with Anchorage Digital as the custodian for its HYPE ETF (ticker: GHYP), according to an SEC filing on April 21, 2026. The change aims to enhance competition and diversify custody options. This move marks a significant shift in Grayscale’s ETF custody strategy, reflecting ongoing adjustments in the crypto asset management industry.
Senator Thom Tillis has called for a delay of the CLARITY Act, citing ongoing stablecoin yield disputes and regulatory uncertainty. The delay, announced on April 21, 2026, aims to address concerns over stablecoin market stability and innovation. The move highlights ongoing debates over crypto regulation and the need for clearer policies to foster growth and investor confidence.
Former President Donald Trump announced new US-Iran talks in Pakistan amid rising ceasefire tensions on April 21, 2026. The negotiations aim to influence regional stability and nuclear policy, potentially affecting geopolitical dynamics and market reactions. The talks mark a significant development in US-Iran relations, with implications for global security and economic stability.
The SEC has flagged dYdX and other decentralized exchanges for unlicensed operations in the Philippines. The advisories highlight that these platforms enable users to connect digital wallets and trade crypto-assets and derivatives without proper licensing. The move underscores increased regulatory scrutiny of decentralized platforms operating in the country, emphasizing the need for compliance with local financial laws.
BIS General Manager Pablo Hernández de Cos warned on April 20 that the $320 billion stablecoin market poses financial stability and AML risks. He emphasized the need for global coordination on regulation to prevent regulatory arbitrage and potential instability, highlighting the importance of consistent frameworks for stablecoins like Tether’s USDT.
The Bank of Japan kept interest rates unchanged on April 21, 2026, despite rising inflation linked to the Middle East conflict. This decision reflects concerns over economic strain and geopolitical risks, potentially influencing future monetary policy. The central bank’s stance underscores the delicate balance between managing inflation and supporting economic stability amid ongoing regional tensions.
The Senate crypto bill faces a setback in April amid increasing pressure to pass legislation. A scheduled hearing to advance crypto market structure laws may be postponed to May. The delay reflects ongoing tensions within the legislative process, with lawmakers pushing to expedite the bill amid rising industry and political pressures.