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Nalezeno "custody": 1301

‘The Future of Digital Payments Lies in Web3 Payment Services’ Says Robert Miller of Fuse

14.5.2023
Despite not being mainstream payment solutions yet, cryptocurrency-based payments (also known as Web3 payments) already bring benefits such as lower transaction fees, Robert Miller, the vice president of growth at Fuse, a layer 1, EVM-compatible blockchain for launching dapps, has asserted....

As Bitcoin Scales, We Need Better Custodial Solutions

12.5.2023

US House financial committee tells SEC they don’t like custody proposal

12.5.2023
The letter criticizes the proposed rule for its impact on the banking industry, particularly in ways that would be disadvantageous to the digital asset industry

SEC Blasted on Custody Proposal by JPMorgan, Crypto Firms and a Fellow Agency

9.5.2023
The U.S. Securities and Exchange Commission (SEC) went too far when it proposed a new rule demanding investment firms safeguard all of their clients’ assets – including crypto – with approved custodians, according to an array of critics not often in alignment. The proposal drew loud objections from...

Coinbase Chief Legal Officer Pushes Back Against US SEC Crypto Custody Rule Proposal

9.5.2023
Coinbase’s chief legal officer called a newly proposed US rule tightening cryptocurrency custody requirements “misguided” and said some parts need to be changed. The Securities and Exchange Commission rule was proposed in February and would require registered investment advisers to keep crypto...

'War on crypto' — Newly filed letters lambast proposed SEC custody rules

9.5.2023
Industry representatives have cast doubt on the legality and impact of the U.S. securities regulator's proposal to expand custody rules

Texas House Advances Gold-Backed Digital Currency Bill

6.5.2023
Texas has taken its first steps in order to approve a bill that would issue a 100% gold-backed digital currency. If enacted as law, the bill, which is being discussed by a Texas House committee, would create an electronic system for users to transact and pay with this digital currency and would...

Eligible Celsius users can withdraw all 'Distributable Custody Assets' following court approval

5.5.2023
Certain Celsius users, largely those who only ever held funds in custody accounts, had previously been limited to withdrawing up to 94% of their funds

Estate and Legacy Planning for Crypto Assets

4.5.2023
Legacy and estate planning is crucial for cryptocurrency holders because, unlike traditional assets, cryptocurrencies are not regulated by centralized authorities, making it difficult for heirs to access them after the owner's death. Proper planning can ensure that digital assets are successfully...

Hardware Wallets Gain Popularity as FTX Collapse Pushes Users to Self-Custody

3.5.2023
The FTX collapse pushed many users away from exchanges and into storing their own crypto. But the potential issue of human error remains. FTX was not alone in creating this trend. Celsius Network, Three Arrows Capital, Terra, and other crypto companies failing in 2022, as well as the March 2023...

Robinhood launches fiat-to-crypto on-ramp for self-custody wallets and DApps

27.4.2023
Robinhood Markets announced the launch of its new ‘Robinhood Connect’ service and numerous updates to its app

Crypto Wallet Giddy Raises $6.9M in Funding to Further Self-Custody Adoption

27.4.2023
Fortnite co-creator Geremy Mustard took part as a strategic investor in the round

Crypto Storage Provider Zodia Custody Raises $36M From SBI Holdings, Standard Chartered

27.4.2023
Zodia Custody will use the funding to increase its token coverage and enhance its settlement product, Interchange

Ex-a16z Engineering and Security Heavyweights to Start Crypto Custody Firm: Source

27.4.2023
a16z’s former CTO, Riyaz Faizullabhoy, and former CISO Nassim Eddequiouaq have the blessing and seed backing of the venture capital giant, a person familiar with the plans said

Crypto Lending Protocol MakerDAO Approves Transferring a Maximum of $500M in USDC to Coinbase Custody for 2.6% Yield

20.4.2023
The maneuver is part of MakerDAO’s earlier decision to move up to $1.6 billion of USDC stablecoins to Coinbase’s custody arm

African Blockchain Business Funding Rose 429% in 2022 — Report

20.4.2023
In 2022, African blockchain businesses raised a total of $474 million, a 429% increase from what was raised in the year earlier, the latest CVVC African blockchain funding report has revealed. The custody and exchanges category raised over $250 million, which is equivalent to more than 50% of funds...

Bitcoin Financial Services Provider Unchained Raises $60 Million Amid More Bullish Market Sentiment – Bull Market Starting?

20.4.2023
As the bullish sentiment slowly returns to the crypto markets, the Unchained platform announced its latest funding round, raising millions to expand its Bitcoin (BTC) financial services. ... Read More: Bitcoin Financial Services Provider Unchained Raises $60 Million Amid More Bullish Market...