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New York Offers New Virtual Currency Guidance
22.12.2023
On Nov. 15, 2023, the New York Department of Financial Services (NYDFS) issued new standards for virtual currency (coin) listings and delistings. These new regulations apply to Bitlicensees and limited-purpose trust companies and include business model considerations for virtual currency entities...
Digital Asset Trust Firm Bitgo Sets Sights on Prime Trust Acquisition
9.6.2023
In a recent development, Bitgo, the digital asset trust firm, disclosed that it has penned a letter of intent to acquire Prime Trust, a crypto custodian based in Nevada. Should the acquisition proceed, Prime Trust would become an integral part of Bitgo’s network of regulated trust companies....
Japan passes bill to limit stablecoin issuance to banks and trust companies
3.6.2022
The Japanese government is rushing to enforce new stablecoin laws in the aftermath of the Terra collapse
Caitlin Long Doesn’t Trust Trust Companies
25.2.2020
Caitlin Long (in a Cointelegraph exclusive) explains why trust companies as custodians are not sufficient for institutional investors