Nevada - Bpaynews

Fortress Trust Closed by Nevada: Key Custody Challenges during Consolidation

Latest News / Bpay News / October 26, 2025 / challenges, Closed, Consolidationp, Custody, Key, Nevada, pFortress, Trust

In a surprising move that reverberated across the financial and cryptocurrency industries, Nevada authorities recently shuttered Fortress Trust, a prominent player in the digital asset custody space. The Nevada Financial Institutions Division cited several irregularities and non-compliances as reasons for the intervention. This event has sparked a broader discussion on the security of digital assets […]

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Nevada Issues Cease and Desist Order to Fortress Trust Cryptocurrency

Latest News / Bpay News / October 26, 2025 / cease and desist, cryptocurrency, Fortress Trust, Nevada, regulatory scrutiny

Nevada has issued a cease and desist order against cryptocurrency custodian Fortress Trust. The order comes amid regulatory scrutiny of the company’s operations. The cease and desist order indicates concerns regarding Fortress Trust’s compliance with state regulations. Nevada officials have emphasized the importance of protecting consumers in the cryptocurrency space. This action reflects a growing

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Nevada Halts Fortress Trust Cryptocurrency Custodian Company

Latest News / Bpay News / October 24, 2025 / cryptocurrency, custodian, Fortress Trust, Nevada, regulatory scrutiny

Nevada has suspended the operations of Fortress Trust, a cryptocurrency custodian firm. The state’s action comes amid increasing regulatory scrutiny of the cryptocurrency sector. Fortress Trust has been under examination due to concerns regarding its compliance with state regulations and the overall safety of its services. The suspension reflects broader efforts to ensure that cryptocurrency

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