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South Korean Bank Woori Financial to Offer Crypto Custody Services
13.7.2021
Woori Financial Group, one of the biggest financial conglomerates in South Korea, will offer crypto custody services. The bank will develop a joint venture effort with Coinplug, a blockchain-based developing company. This conglomerate signals the third bank entering the market in the country, after...
Woori becomes latest major Korean bank to announce crypto custody services
12.7.2021
An increasing number of leading South Korean banks are establishing joint ventures with minor ownership to enter the crypto custody market while complying with local regulations
Jack Dorsey’s Square Building Bitcoin Hardware Wallet to Make Crypto Custody More Mainstream
9.7.2021
Jack Dorsey’s payments company, Square Inc., has confirmed that it is building a bitcoin hardware wallet and service with the aim to “make bitcoin custody more mainstream.” Square’s Bitcoin Hardware Wallet in the Works Square Inc. is building a hardware wallet, Jesse...
Jack Dorsey confirms Square is building an ‘assisted custody’ BTC hardware wallet
9.7.2021
Jack Dorsey and hardware lead Jesse Dorogusker have both confirmed Square’s plans to develop a Bitcoin hardware wallet
Germany’s financial watchdog approves crypto custody license for Coinbase
28.6.2021
Since January 2020, all crypto firms operating in the German market have required BaFin approval
Fireblocks faces lawsuit over deleted keys to $72M Ether wallet
23.6.2021
The crypto-custody firm claims that it was the client’s responsibility to back up the private keys
Texas Announces State-Chartered Banks Can Provide Cryptocurrency Custody Services
12.6.2021
The Texas Department of Banking has announced that state-chartered banks can provide cryptocurrency custody services. “The Texas Department of Banking believes that the authority to provide these services with respect to virtual currencies already exists,” the banking authority said....
21shares to Launch Bitcoin ETP for Institutional Investors in the UK
8.6.2021
Switzerland-based 21shares announced it’s going to offer its crypto exchange-traded product (ETP) to institutional investors in Britain. The platform said the aim is to provide U.K. investors with exposure to bitcoin without the need to deal with crypto custody and security. New Bitcoin...
BNY Mellon Sets Up Crypto Unit in Ireland as Central Bank Says Bitcoin Is ‘of Great Concern’
1.6.2021
U.S. banking corporation BNY Mellon is gearing up to offer crypto custody services out of Dublin where it has just established a digital hub. The news coincided with a stark warning issued by a top central bank official in Ireland who said people should only buy bitcoin if they’re prepared...
Diginex's crypto custody arm receives green light from UK financial watchdog
14.5.2021
The firm said clearing the regulatory hurdle had the potential to drive more institutional investors towards crypto custody solutions
Investment bank Cowen set to offer institutional-grade crypto custody
13.5.2021
The 103-year-old bank wants to hold crypto for asset managers and hedge funds as Wall Street begins offering cryptocurrency products to institutional clients
Gemini's crypto custody tops $30B as analyst predicts Coinbase shares will fall to $100
13.5.2021
Gemini's crypto assets in custody have trebled this year which the exchange attributes to surging interest from institutions and asset managers
First Digital Trust announces $2.15M funding for Asian digital payments service
22.4.2021
The funding will be used to develop debit and credit card payment rails in Asia
Gemini exchange’s crypto custody doubled since January, reaching $25B
20.4.2021
Gemini Custody has quickly emerged as a leading platform for institutional investors
Co-Founder of South Africa’s Crypto Index Fund Reveals the Plan to Launch Country’s First Bitcoin ETF
16.4.2021
Earle Loxton, the cofounder of EC10 (formerly DCX Capital) the institution behind the South African crypto index fund, says plans are afoot to launch the country’s first exchange-traded fund (ETF). The ETF is expected to offer South African institutional investors an indirect way of getting...
German Bank Donner & Reuschel to Offer Crypto Custody Services in Response to a ‘High Market Demand’ in the Country
10.3.2021
Cryptocurrency adoption among the traditional banking industry keeps spreading across the board, and it has arrived at a bank based in Hamburg, Germany. Donner & Reuschel is set to make its inception into the crypto business by offering related custody services. Bank Will Also Explore Further...
PayPal purchases crypto custody firm Curv
8.3.2021
The platform said it plans to complete the acquisition before the third quarter of 2021
Goldman Sachs Brings Back Bitcoin Trading Desk as the Firm Sees Crypto Market Becoming More Mature
2.3.2021
Global investment bank Goldman Sachs has brought back its bitcoin trading desk and will start handling bitcoin futures next week. The firm is also reportedly exploring the potential for a bitcoin exchange-traded fund (ETF) and plans to provide a crypto custody service. Goldman Sachs Group Inc....
Deutsche Bank Quietly Plans to Offer Crypto Custody, Prime Brokerage
13.2.2021
The bank’s game plan was hidden in plain sight in a widely overlooked report by the World Economic Forum
Bitcoin Hits New All-Time High as BNY Mellon Announces Crypto Custody
11.2.2021
"Bitcoin is loving the BNY Mellon news. It's a very big deal," trader and analyst Alex Kruger tweeted