Hong Kong S.A.R., 13th Nov 2025 – Cactus Custody,  Matrixport’s digital asset custodian safeguarding multi-billion US dollars worth of digital assets, today announced the successful completion of its SOC 1 Type 2 audit examination. The completion of this independent examination demonstrates that Cactus Custody has established an industry-leading operational control system and core capabilities in the institutional-grade crypto custody sector.

One of the global Big Four accounting firms conducted the independent audit , which included a comprehensive review of Cactus Custody’s processes. The audit covered areas such as client account onboarding, digital asset custody‌, and internal system operations. It also reviewed the company’s financial processing capabilities, such as settlement, reconciliation, account management, fee processing, asset valuation, reporting, and the secure management of cryptographic keys throughout their lifecycle across different custody storage methods.

SOC (Service Organization Control) reports are internationally recognized frameworks for assessing compliance and risk control, developed by the American Institute of Certified Public Accountants (AICPA). The SOC 1 Type 2 audit evaluates the design and operational effectiveness of a service organization’s internal controls related to financial reporting, typically assessed over a review period of 6 to 12 months. The successful completion of the SOC 1 Type 2 examination demonstrates that Cactus Custody upholds strong internal controls, operational processes, and asset protection mechanisms aligned with leading international practices.

Wendy Jiang, General Manager of Cactus Custody, stated: “For institutional clients, choosing a custodian requires trust not only in technical strength but also in process controllability and risk visibility. The SOC 1 Type 2 audit report confirms that our key control points—such as asset segregation, approval workflows, and access management—have been independently examined by a Big Four accounting firm. Our operational stability, access control, transaction approval, and financial reporting integrity adhere to globally recognized audit and control principles. Institutional clients may reference Cactus Custody’s audit results to support their own due diligence or vendor risk assessments. Moving forward, Cactus Custody will continue to strengthen its security and compliance audits and transparency initiatives, striving to build the world’s most trusted digital asset custody brand.”

In February 2025. Cactus Custody completed the SOC 1 Type 1 examination. The addition of the SOC 1 Type 2 audit examination marks another milestone, providing independent validation of its robust operational control capabilities. Cactus Custody will continue to deepen its presence in the crypto asset custody space, with its mission to raise industry custody standards, actively promote the development of a compliant and transparent ecosystem, and provide clients with robust and reliable custody services, supported by industry-leading comprehensive security measures.

About Cactus Custody

Cactus Custody, a Matrixport Group subsidiary with global regulatory credentials, offers digital asset custody, DeFi access, and OES/OTC settlement services to over 300 institutions worldwide, managing assets in the multi-billion-dollar range. It is operated by Matrix Trust Company Limited, which is licensed under the Hong Kong TCSP regime.

Using a cold-hot layered security architecture with institutional-grade HSM encryption and strict compliance controls, our custody solution is designed to safeguard digital assets with resilience and trust. Driven by innovation, we empower institutions to manage their digital assets with confidence.

Learn more: www.mycactus.com

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Incoin Trading Center has officially received its Money Services Business (MSB) license from the U.S. Financial Crimes Enforcement Network (FinCEN), marking a significant milestone in its compliance journey and paving the way for broader operations in regulated markets.

United States, 13th Nov 2025 – Incoin Trading Center announced today that it has obtained the Money Services Business (MSB) license issued by the Financial Crimes Enforcement Network (FinCEN), a bureau of the U.S. Department of the Treasury. This achievement reinforces the company’s status as a trusted digital trading infrastructure provider and opens up further opportunities for compliant expansion within the United States.

The MSB license is a mandatory legal requirement for businesses engaged in money transmission, foreign exchange, and digital asset services within the U.S. Regulatory obligations under FinCEN include implementing comprehensive Anti-Money Laundering (AML) and Counter-Terrorist Financing (CFT) programs, maintaining Know Your Customer (KYC) procedures, and ensuring robust transaction monitoring systems.

“This approval is not just a license—it’s a statement of trust, responsibility, and operational maturity,” said Daniel Reeves, Chief Compliance Officer at Incoin Trading Center. “It reflects our enduring commitment to regulatory excellence and global best practices.”

Enabling Trust and Operational Transparency

With this license, Incoin Trading Center reaffirms its commitment to transparency and integrity in all user interactions. The company has invested in RegTech infrastructure, real-time risk engines, and verifiable identity protocols that support a secure and auditable environment for both retail and institutional users.

FinCEN registration information for Incoin Trading Center is publicly accessible, allowing users and partners to verify licensing details via the official U.S. MSB portal. This transparency is part of the firm’s broader initiative to build public trust across global financial ecosystems.

Scaling Global Reach with Regulatory Alignment

Incoin Trading Center currently serves users across more than 100 countries and regions. The acquisition of an MSB license enables the company to expand its localized offerings in the U.S., including native language support, institutional onboarding, and fiat on/off ramps.

Looking ahead, the firm plans to pursue licensing in additional jurisdictions, including Europe and Asia, to establish a multi-region, multi-regulator compliance network that can support the next generation of intelligent trading.

About Incoin Trading Center

Incoin Trading Center is a global financial technology platform dedicated to AI-powered trading infrastructure, regulatory-grade compliance systems, and behavioral finance innovation. Through secure, efficient, and adaptive systems, Incoin empowers users worldwide to participate confidently in modern financial markets.

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Organization: Incoin

Contact Person: Paige Monroe

Website: https://lncoin.com/

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Release id:37001

Discalimer: This press release is for informational purposes only. Readers are advised to conduct their own due diligence before taking any action related to the company or its affiliates. The inclusion of a business on MSB Registrant Search Web page is not a recommendation, certification of legitimacy, or endorsement of the business by any government agency.

The post Incoin Trading Center Secures U.S. MSB License to Strengthen Global Regulatory Footprint appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

On November 10, 2025 Dolly Varden Silver reported results from drilling that expand the high-grade gold zone within the Homestake Silver deposit.

Canada, 13th Nov 2025 – Global Stocks News – Sponsored content disseminated on behalf of Dolly Varden Silver. On November 10, 2025 Dolly Varden Silver (TSX-V: DV) (NYSE MKT: DVS) (FSE: DVQ) reported results from drilling that expand the high-grade gold zone within the Homestake Silver deposit.

Hole HR25-469 targeted a large open area at the Homestake Silver Deposit, intersecting 26.74 g/t Au over 14.75 meters, including 122 g/t Au over 2.85 meters within a broader mineralized zone grading 12.13 g/t Au over 33.80 meters.

HR25-464 intersected 9.22 g/t Au over 6.65 meters, including 58.80 g/t Au over 0.95 meters from a separate, newly recognized stockwork zone.

* Intervals shown are core length. Estimated true widths vary depending on intersection angles and range from 65% to 75% of core lengths. Further modelling of the new intersections is needed before true widths can be estimated.

Ten years ago, Dolly Varden was a “silver pure play”.  In the last few years, while expanding its silver inventory, the company has hit significant gold intercepts. DV’s metal value is now approximately a 50/50 split between silver and gold.

“This identification of wide, high-grade gold mineralization represents a significant metallogenic breakthrough at Homestake Ridge; this style of mineralization is identical to the idled, Premier Gold Mine [owned by Ascot Resources] located 45km to the northwest,” stated Shawn Khunkhun, President and CEO of Dolly Varden, in the November 10, 2025 press release.

The Premier Gold Mine has been on care and maintenance since June 25, 2025. The mill has been refurbished and commissioned at a rate of 2,500 tpd. A new water treatment plant has been built and operating since February 2024, and there is a 128-bed camp.

“In 2019, Dolly Varden’s technical advisor, Rob McLeod, consolidated IDM with Ascot,” Khunkhun told Guy Bennett, the CEO of Global Stocks News (GSN). “Multiple members of my team worked for Ascot. I was retained as a consultant for six months. Collectively, the Dolly Varden team has intimate knowledge of the project.”

“Ascot had an engineering plan that we felt was based on a flawed geological model. The company spent $538 million in construction and development costs. If you don’t have the feed for the mill, that’s a problem. You have to let the geology guide the mine design.”

“When Premier was the most profitable gold mine in North America, it was operating at 400 tonnes per day. Why would you build a 2,500-tonne per day mill?”

“Five years ago, Ascot was valued about $400 million,” Khunkhun told GSN. “At that time, Dolly Varden had a market cap of $20 million. As the fortunes of Ascot and Dolly Varden reversed, numerous times I have been tempted to orchestrate a buyout.  Ultimately, I didn’t feel it was in the best interests of our shareholders to spend the next two years labouring in the capital-intensive part of The Lassonde Curve.”

Above: Drill core from hole HR25-469 of a sample interval grading 91 g/t Au over 0.63 meters compared to a slab with similar gold grade from the 320 level at Ascot Resources’ Premier Mine near Stewart, BC.

On October 23, 2025 Ascot Resources announced that it has entered into an advisory services agreement with Fiore Management and Advisory Corporation to assist Ascot with restructuring, refinancing and enhancing the leadership team of Ascot.

Andrée St-Germain, Chair of the Special Committee of Ascot, spoke about the company’s “challenging financial situation” and concluded that, “In this context, Fiore’s proposal offered the most preferable outcome for all stakeholders.”

“Gold is becoming increasingly important to the economics of a potential future Dolly Varden mine in the Kitsault Valley,” Rob van Egmond, VP of Exploration, told GSN.

“We’ve developed a number of high-grade underground systems in the Kitsault Valley that would benefit from a ‘hub and spoke’ production scenario, where multiple deposits feed into one mill,” continued van Egmond. “The Premier Mill is already built and it’s idle, so that is something we are keeping an eye on.”

Above: view of the idled Premier Mill, 45km to the northwest of Homestake Silver.

A total of 56,131 meters were drilled in 86 drill holes in the 2025 season by Dolly Varden, with approximately 40% of the meters drilled at Homestake Ridge focused on step-outs and local infill along the wider, high-grade gold plunge at Homestake Silver.

DV is using directional drilling technology to precisely target areas for step-out and infill holes at Homestake Silver. Drill holes HR25-462, HR25-464 and HR25-469 were drilled individually from the same pad, utilizing directional drilling to precisely intercept the target within the mineralized zone.

Recent drilling at Homestake Silver has defined wide mineralisation intervals with increased frequency of high-grade gold veins and vein breccias, which shows a shift towards a gold-rich system towards the north. The deposit remains open along plunge and at depth.

“With gold selling for CDN $5,800/ounce,” van Egmond told GSN, “our team is encouraged to intersect 26.74 g/t gold over 14.76 meters at the Homestake Silver Deposit.”

“The involvement of the Fiore Group in the restructuring of Ascot Resources pushes the synergy with the Premier Mill into the foreground, while reinforcing our objective to consolidate this district of British Columbia,” van Egmond concluded.

Rob van Egmond, P.Geo., Vice-President Exploration for Dolly Varden Silver, the “Qualified Person” as defined by NI43-101, has reviewed, validated and approved the scientific and technical information contained in this GSN release.

Disclaimer: Dolly Varden Silver paid GSN $1,750 for the research, creation and dissemination of this content.

Contact: guy.bennett@globalstocksnews.com

Full Disclaimer: Global Stocks News (GSN) researches and fact-checks diligently, but we cannot ensure our publications are free from error. Investing in publicly traded stocks is speculative and carries a high degree of risk. GSN makes no recommendation to purchase any individual stock. When compensation has been paid to GSN, the amount and nature of the compensation will be disclosed clearly. GSN publications may contain forward-looking statements such as “project,” “anticipate,” “expect,” which are based on reasonable expectations, but these statements are imperfect predictors of future events. When compensation has been paid to GSN, the amount and nature of the compensation will be disclosed clearly.

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The post Dolly Varden Silver High Grade Gold Zone has Mineralisation Identical to the Idled Premier Gold Mine appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section