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Report: Bankruptcy Law Can Be Unclear When Crypto Custodians Go Belly Up
1.6.2020
The past few years have seen a glut of cryptocurrency exchanges becoming insolvent. But what legal rights do their customers have with regards to the return of their held assets?
Crypto Custodian Anchorage Teases Growth Plan With 2 Executive Hires
21.5.2020
Anchorage now has six executives in its C-suite, hiring a head of finance and head of sales with experience in both tech and Wall Street
Germany’s Bitcoin Group Welcomes Licensing for Crypto Custodians, Expects Competition From Banks
13.3.2020
Bitcoin Group SE, a prominent member of the European crypto industry, has been preparing to apply for permission to conduct crypto custody activities in its home country, Germany. The providers of such services in the Federal Republic are now recognized as financial institutions. Bitcoin Group...
IBM’s Public Cloud Is Secure Enough for Crypto Custodians
3.3.2020
Announced Tuesday, the latest offering from Onchain Custodian is hosted entirely on Big Blue’s banking-grade public cloud
Bitcoin Is Financial Instrument, Clarifies Germany, Crypto Custodians Qualify as Financial Institutions
3.3.2020
The Federal Financial Supervisory Authority of Germany, Bafin, has issued guidance to clarify the status of cryptocurrencies and the regulations that apply to related business activities. The recommendations are based on the country’s current legislation, taking into account the latest...
Germany’s BaFin Clarifies Licensing Process for Foreign Crypto Custodians
6.2.2020
In its latest guidance released in January, the regulator said firms already custodying digital assets for Germans would not be penalized for not having a license. Instead, they’d be grandfathered into the same protection that crypto custody firms based in Germany already have under the new law
Hawaiian Bill Would Let Banks Act as Crypto Custodians
23.1.2020
Hawaiian lawmakers have submitted a bill that allows banks to provide custody for digital assets
Canadian Regulatory Group Targets Crypto Exchanges Holding Users’ Digital Assets
17.1.2020
Canada's top financial watchdog has told crypto exchanges they will be subject to securities law if they act as custodians to users' digital assets
Crypto Custodians Grapple With Germany’s New Rules
26.12.2019
While a grandfather clause allows crypto custodians to keep serving German customers without being penalized, those same companies are waiting on financial regulator BaFin to release final regulations around the law
Fidelity Exec Predicts Crypto Custodians Will White-Label Their Services
19.12.2019
Fidelity Digital Assets envisions a future where custodians work behind the scenes to store cryptocurrency for other firms’ clients, an exec said
Trusted Friends Can Become Crypto Custodians With the Vault12 Platform
2.11.2019
A firm called Vault12 launched its new passkey security solution for cryptocurrency assets. Vault12 is an application that allows people to enlist their trusted friends and family members to help safeguard their assets. According to the project’s creators, the new application leverages...
SEC, FINRA Issue Explanation of Crypto Custodian Approval Delay
8.7.2019
The SEC and FINRA are examining issues such as custody and investor protections before they can approve broker-dealer applications by crypto startups, the agencies said
Crypto Custodians Foresee Growth in Partnerships with Traditional Custodians
15.5.2019
Panel of crypto custodians say collaboration between traditional and crypto custodians benefits all sides and will continue to grow