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Digital Asset Firm Fireblocks Raises $30M to Gird for ‘Influx in Customer Demand’
18.11.2020
Fireblocks plans to maintain its standing as “the biggest player in crypto-native markets” but also wants to go after institutional players
Comptroller reveals path for crypto companies to become banks
18.11.2020
Firms could potentially become federally chartered banks allowed to provide crypto custody services by converting their business charters
This Crypto Custody Breakthrough Will Bring Banks Closer to Digital Assets
13.11.2020
Shard X is claiming to be the first company to successfully run multi-party computation (MPC) on hardware security modules (HSMs)
US Representatives Rip OCC, Brooks for ‘Excessive Focus’ on Crypto
11.11.2020
Congressional Democrats blasted the OCC and Acting Comptroller Brooks for spending time on crypto during a pandemic
Russia’s Gazprombank gets green light for crypto custody in Switzerland
30.10.2020
Russian banks tap Bitcoin services abroad while the government at home sees no future for private cryptos
Casa Rolls Out ‘Bank-to-Wallet’ Bitcoin-Buying Services for US Customers
29.10.2020
The cryptocurrency custody startup announced on Thursday that users will now be able to buy bitcoin (BTC) on the Casa app using their bank accounts
Fidelity Digital Assets Expands Crypto Custody Service to Asia
29.10.2020
The cryptocurrency-focused arm of financial services giant Fidelity Investments is teaming up with Singapore-based Stack Funds to cater to the growing demand for cryptocurrencies in Asia. A new partnership will bring Stack’s regional clients access to the secure custody services provided...
WEG Bank Plans Crypto Custody With New Partnership
27.10.2020
Germany-based WEG Bank about to step up its crypto-related business as its fintech division TEN31 has teamed up with Munich-based white-label crypto custody provider Tangany to offer crypto custody solutions to its customers.
According to the bank, this is "the next logical step"...
Eyeing EU Banks, Hex Trust Teams With SIA on Crypto Custody
22.10.2020
A multinational payments firm is partnering with cryptocurrency custodian Hex Trust to help its European banking clients hold digital assets
INX exchange taps Israeli crypto startup GK8 for crypto custody
17.9.2020
The SEC-approved IPO holder prefers to store crypto 100% offline
Microstrategy’s $250 Million Bitcoin Buy Consequential
2.9.2020
When a publicly owned company decides to invest about $250 million in an asset that was widely attacked more than a decade ago, it says a lot about how the world has changed. The reasons and the timing of Microstrategy’s bitcoin incursion could not have come at a better time for...
OCC Chief Says Americans Gravitating Toward Digital Currencies: Urges Banks to Embrace Innovation
21.8.2020
Brian Brooks, the acting comptroller of currency at the U.S. Office of Comptroller of Currency (OCC), says America must adopt digital currency payment rails if the country hopes to compete with global payment rails in the future. He insists changing consumer needs must be prioritized over...
The OCC’s Crypto Custody Letter Was Years in the Making
18.8.2020
The Office of the Comptroller of the Currency has been evaluating the cryptocurrency space for years, well before it publicly announced banks could provide services in the field last month
Two More Major South Korean Banks Keen on Crypto Custody
14.8.2020
Another two major commercial South Korean banks have expressed an interest in launching crypto custody services – but industry experts said they may be making their moves too late, and are lagging behind the American banks.
As previously reported, two other commercial banks – Nonghyup and Kookmin...
South Korea’s Largest Bank Unveils Bitcoin Custody Services
9.8.2020
KB Kookmin Bank (KB), the largest commercial bank in South Korea, has agreed on a deal with blockchain venture fund Hashed and crypto exchange Cumberland Korea to offer bitcoin custody services. In January, the government-owned bank filed its trademark application for digital assets custody with...
Major South Korean Bank Joins the Crypto Custody Business
8.8.2020
We’re suddenly seeing banks lining up to support crypto custody, and KB Kookmin Bank is looking to get in on the action
Government-Owned Swiss Bank Launching Crypto Trading and Custody Services
4.8.2020
Basler Kantonalbank (BKB), Switzerland’s eighth-largest bank, is getting into crypto through its subsidiary, Bank Cler. Owned by the Swiss Canton of Basel-City, BKB has total assets of approximately $49 billion. Swiss Canton Bank Launching Crypto Services Local Swiss government-owned...
US Banks Get Crypto Custody Nod, but Instant Demand Surge Is Unlikely
30.7.2020
Announcement by U.S. OCC to fuel business opportunities for crypto exchanges, custodians and traditionals banks
Bitcoin Suisse Completes a $48 Million Series A Financing Round
25.7.2020
Swiss crypto financial services provider, Bitcoin Suisse completes its first financing round of $ 48 million (CHF 45 million). The completed Series A financing round now has Bitcoin Suisse’s 2019 pro forma equity totaling around $108 million. The financing round includes 16.4% of shares...
Bitcoin Rallies 5% as US Regulator Greenlights Bank Crypto Custody
23.7.2020
Bitcoin price surged 5% to $9,664 less than 24-hours after the Office of the Comptroller of the Currency announced U.S. banks can provide crypto custody services