Welcome to Cregis Press Forward, our monthly newsletter: bringing you updates from the frontlines of crypto infrastructure innovation. Stay connected with our progress, insights, and the innovations driving our industry forward.

Cregis Custody FZE Secures Dubai VARA In-Principle Approval to provide Digital Asset Custody Services in the UAE

Cregis Custody FZE has received In-Principle Approval (IPA) from Dubai’s Virtual Assets Regulatory Authority (VARA) as part of its application for a Virtual Asset Service Provider (VASP) license.  

This marks an important step toward developing Cregis Custody FZE’s planned regulated digital asset custody services in the UAE. Following the IPA, Cregis Custody FZE will continue working with VARA to complete the remaining regulatory requirements toward full licensing approval. At this stage, Cregis Custody FZE is not yet authorised to commence regulated Virtual Asset activities or provide Virtual Asset Custody Services. Such regulated services will only commence upon the granting of the relevant VASP licence by VARA.  

Under the Cregis brand, Cregis Custody FZE focuses on custody-related services, while Cregis, as a separate entity, continues to provide digital asset infrastructure supporting collections, payouts, and fund operations for businesses globally.

Learn more about Cregis Custody FZE’s VARA In-Principle Approval: https://www.cregis.com/blog/cregis-custody-fze-secures-dubai-vara-in-principle-approval

Cregis Showcases at Blockchain.RIO, Exploring New Opportunities in Latin America's Digital Financial Infrastructure

Cregis participated in Blockchain.RIO 2026, connecting with industry leaders, enterprises and ecosystem partners to showcase its enterprise-grade digital asset infrastructure. At Booth A15, the team presented solutions spanning digital asset custody and wallet infrastructure, stablecoin payments and settlement, and secure infrastructure for on-chain fund operations, supporting businesses as they expand into the digital asset economy.

During the event, Cregis's Head of LATAM, Logan Xu, joined a panel discussion on how stablecoins, tokenized deposits and emerging settlement layers are reshaping financial infrastructure. The conversation explored real-world blockchain-based payment and settlement use cases and the evolving roles of banks, infrastructure providers and protocols. Reflecting this shift, around 95% of Cregis’s institutional usage is centered on stablecoins, increasingly supporting real-world payments, settlements and fund operations.

Cregis Showcases at Malaysia Blockchain Week 2026, Expanding Southeast Asia Presence and Advancing On-chain Infrastructure

From July 29–30, Cregis participated in Malaysia Blockchain Week 2026 at the World Trade Centre Kuala Lumpur, one of Southeast Asia’s leading blockchain industry gatherings, where global companies, financial institutions, investors and ecosystem builders explored developments in Web3, digital assets and blockchain infrastructure. At Booth C24, Cregis connected with enterprise clients, payment providers, Web3 projects and industry partners, sharing its expertise in enterprise digital asset management, on-chain payments and secure wallet infrastructure.

During the event, Janice, Marketing Director at Cregis, delivered a keynote titled “A Solid Foundation For Your Business on Chain,” highlighting how enterprise MPC wallets, Wallet-as-a-Service, Payment Engine and digital asset operations tools can support secure and scalable on-chain business operations. Cregis’s participation reflected its continued global expansion and engagement with Southeast Asia’s growing on-chain economy, while creating new opportunities for collaboration across payments, asset management and digital asset operations.

Learn more about Cregis at Malaysia Blockchain Week 2026: https://www.cregis.com/blog/cregis-showcases-at-mybw2026

Laaffic Integrated Enterprise Digital Asset Payments with Cregis: Building the Payment Layer for Global Growth

Laaffic, a Singapore-based global marketing growth solutions provider, integrated Cregis enterprise digital asset payment infrastructure to introduce more flexible payment capabilities for businesses across Southeast Asia, Latin America, Africa, and other emerging markets.  

Through the integration, Laaffic now benefits from: enterprise wallet infrastructure, blockchain payment processing, multi-chain operations and flexible digital asset payment capabilities. With Cregis handling the underlying wallet and blockchain infrastructure, Laaffic can introduce digital asset payments without the complexity of building and maintaining the technology in-house, allowing its team to remain focused on delivering growth solutions and expanding its service capabilities across global markets.  

Learn more about the strategic partnership between Cregis and Laaffic: https://www.cregis.com/blog/laaffic-integrated-enterprise-digital-asset-payments-with-cregis

Beyond Cold Storage: What the Coldcard Incident Reveals About Wallet Security

The Coldcard incident highlighted a critical lesson in wallet security: offline storage alone cannot protect assets if a weakness is embedded at the point of key generation. A flaw in certain firmware versions reduced the randomness used to create wallet seeds, potentially shrinking the search space enough for attackers to reconstruct candidate seeds, derive private keys and identify matching addresses on-chain. The case shows that wallet security must be evaluated across the entire lifecycle, from randomness and key generation to firmware, backups, recovery and migration, rather than by storage method alone.

For the broader industry, the incident also underscores the long-term risk of vulnerabilities already embedded in deployed wallets. Firmware updates can fix future key generation, but cannot repair previously created seeds, making version identification, user notification and asset migration essential parts of incident response. The incident underscores the need for end-to-end verification, continuous maintenance and a clear emergency migration strategy to prevent a single technical flaw from becoming years of legacy risk.

Learn more about the wallet security behind the Coldcard incident: https://www.cregis.com/blog/beyound-cold-storage-what-the-coldcard-incident-reveals-about-wallet-security