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Binance Unveils Web3 Wallet to Promote “Self Sovereign Finance”

8.11.2023
Source: Adobe Digital asset exchange Binance has rolled out a web3 wallet to offer a simplified gateway to self-custody for its users. The company announced the wallet’s launch at the Binance Blockchain Week Conference in Istanbul highlighting that it can be integrated across 30 blockchain networks...

Bitcoin Price Prediction: Custodia’s New Move, CFTC & Crypto Oversight

8.11.2023
In the fluid realm of digital currencies, Bitcoin‘s valuation has taken a modest uptick, registering a 1.20% climb to reach $35,365 on Wednesday. Amidst this nuanced shift in market dynamics, notable developments have surfaced. Custodia Bank, spearheaded by the astute Caitlin Long,...

German Banking Giant DZ Bank Launches Crypto Custody Platform

8.11.2023
One of the largest banks in Germany by total assets, DZ Bank, has launched a crypto custody platform. Additionally, the bank disclosed that alongside its solution for institutional customers, it is working on “an offer that allows private customers to invest directly...

Custodia Bank Launches Bitcoin Custody Service for Businesses

7.11.2023
Source: Pexels Custodia Bank, a crypto-friendly bank, announced that it has officially launched its Bitcoin custody platform to customers in select U.S. states. On November 7, Custodia Bank, formerly known as Avanti Financial Group, announced on X (formerly Twitter) that they have now launched...

Telegram Wallet Focuses on Seamless Onboarding, Opts for Custodial Approach

7.11.2023
Telegram logo. Source: Adobe / tashatuvango Telegram’s integrated crypto wallet bot, Wallet, has opted for custody over self-custody to facilitate a smoother onboarding process for new crypto users, according to Wallet chief operating officer Halil Mirakhmed. “If you want to introduce as many...

Hong Kong Regulator Planning to Widen Purview of Virtual Assets Supervision

6.11.2023
The Hong Kong Monetary Authority is reportedly planning to expand the purview of its supervision of virtual assets to include entities that issue stablecoins. The Hong Kong regulator said it also wants to create a framework that governs banks’ provision of virtual asset custody services. Hong...

HSBC Launches Tokenization Platform for Gold Markets

4.11.2023
HSBC announced the launch of a platform that will allow the tokenization of gold bullion, with a stated potential market reach of $525 billion. Mark Williamson, HSBC’s global head of FX and commodities partnerships and propositions, stated that these gold tokens will be tradable using...

EMURGO Group collaborates with Cactus Custody

2.11.2023
EMURGO Group, an international blockchain technology firm, has forged a calculated association with Cactus Custody, Matrixport’s institutional custodian. The EMURGO Group, on the other hand, provides products and services to increase Web3’s adoption of the Cardano blockchain. EMURGO...

Swiss Bank SGKB Partners with SEBA for Crypto Custody and Trading Services

2.11.2023
Switzerland’s fifth largest cantonal bank, St.Galler Kantonalbank (SGKB), has partnered with SEBA Bank to offer custody and trading services for Bitcoin and Ethereum. SGKB announced that the service is initially available to a select group of wealth-management clients at SGKB with future...

BitGo Secures Digital Asset Custody License in Germany

1.11.2023
Digital assets custody firm BitGo has obtained a cryptocurrency custody license from the German Federal Financial Supervisory Authority (BaFin). According to a recent press release, the cryptocurrency firm has been granted a full license in Germany following years of operations in the country...

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