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Crypto Custody Service Bakkt Discontinues Consumer App as Regular Crackdown Intensifies
13.2.2023
Bakkt, a crypto custody service that includes an app where consumers can view and transact with assets, has announced the closure of its consumer-facing app as regulatory scrutiny increases.
In a Monday press release, the digital asset company said it is shutting its consumer-facing app to focus...
Argentina Mulls Inclusion of Proof-of-Solvency Requirements in Crypto Regulation
10.2.2023
Regulators in Argentina are mulling the inclusion of stringent requirements in their next cryptocurrency regulatory framework. According to reports, institutions like the national securities regulator, the CNV, will be studying the inclusion of proof-of-solvency requirements for exchanges...
US banking giant BNY Mellon says digital assets are 'here to stay'
9.2.2023
Despite most of the cryptocurrency market being down 60% from all time highs, Demissie said the digital asset industry is “here to stay.”
Crypto Custody Tech Firm Metaco Taps IBM Execs to Revamp Institutional Push
7.2.2023
The Swiss crypto tech provider hired IBM’s Peter DeMeo as head of product, as well as former IBM lead architect, Angel Nunez Mencias
Is it possible to achieve financial freedom with Bitcoin?
5.2.2023
Bitcoin aims to bring power back to the people. Beyond that, a calculated investment in Bitcoin can potentially bring one closer to financial freedom. But how does one do that?
Australian Government Says It Is Working to Ensure ‘Regulation of Crypto Assets Protects Consumers’
5.2.2023
The Australian government has said it will take steps to ensure the “regulation of crypto assets protects consumers” and one of these steps will be the reforming of “the licensing and custody of crypto assets.” The Anthony Norman Albanese-led government also said it...
Zodia Custody Teams Up With SBI Digital Asset Holdings to Form Crypto Custodian in Japan
3.2.2023
Zodia Custody and SBI are aiming to appeal to institutions interested in crypto investment and adoption
Crypto Custody Firm Copper Alerted to Security ‘Incident’ Over Christmas
1.2.2023
Copper said some “concerning behavior” had been detected, and that a “machine-generated alert had been triggered.”
Doodles publishes its self-custody guide to assist collectors
1.2.2023
Flowty recently announced the release of Doodles’ self-custody guide. The announcement was made on the official Flowty Twitter account. According to the tweets, the guide will assist every collector who prefers non-custodial wallet options for Wearables. Flowty and .find are among the best...
UK Crypto Exchange Archax Launches FCA-Regulated Custody Service
31.1.2023
US Federal Reserve Board Issues Policy Statement That Limits Banks’ Crypto Related Activities
28.1.2023
The United States Federal Reserve Board said on Jan. 27 that both insured and uninsured banks will be subjected to limits on certain activities including those that are associated with crypto assets. The board’s latest action does not preclude a state member bank or prospective applicant from...
SEC Probing Investment Advisors Over Crypto Custody: Report
27.1.2023
The United States Securities and Exchange Commission (SEC) is conducting an inquiry into registered investment advisers about whether they are following rules around custody of client crypto assets
US securities regulator probes Wall Street over crypto custody: Report
27.1.2023
The regulator has been probing registered investment advisors over how they've been offering crypto custody to their clients, according to sources
You Want Crypto Regulation? I’ll Give You Crypto Regulation
26.1.2023
Maybe Congress should separate custody from exchange, the way it severed Wall Street from commercial banking nearly a century ago. This piece is part of CoinDesk’s Policy Week
Crypto Regulation Is Like a Flimsy Umbrella in a Monsoon
25.1.2023
You know what they say, “when life gives you lemons, make lemonade.” But when it comes to protecting your crypto funds on centralized exchanges (CEXes), the old adage should be “when life gives you regulations, make a self-custody wallet.” Self-custody is undoubtedly...
We Must Expedite the Move From Centralized Services to Viable DeFi Alternatives
23.1.2023
There is a reason centralized exchanges have dominated despite being antithetical to crypto’s core tenets. The following opinion editorial was written by Bitcoin.com CEO Dennis Jarvis. The gross mismanagement and outright fraud in 2022 by many opaque centralized exchanges are driving people back...
Examining the Holdings of 5 Centralized Crypto Exchanges: A Look at Binance, Okx, Crypto.com, Bitfinex, and Huobi
22.1.2023
After FTX collapsed, the incident prompted many major crypto exchanges to publish proof-of-reserves and lists of known addresses so users can verify the solvency of the trading platforms. While the veracity of these proof-of-reserve lists and asset dashboards is debatable, they do provide some...
Wrapped Bitcoin Project Sees 18% Redemption of Circulating Supply in 54 Days
20.1.2023
Statistics show over the course of 54 days, the number of wrapped bitcoin (WBTC) hosted on the Ethereum network has decreased by 40,156. This equates to a more than 18% redemption of the circulating supply of WBTC since Nov. 27, 2022. WBTC Remains Largest Operation in Terms of Bitcoin Custody...
1inch launches proprietary hardware wallet as self-custody trend grows
19.1.2023
1inch Networks’ upcoming hardware wallet has no direct connection to the internet and doesn’t require any wired connection
Binance Custody Announces the Official Launch Binance Mirror
19.1.2023
Binance, a leading cryptocurrency exchange, has just announced the debut of its mirror platform, Binance Mirror. Binance Custody, a reputable digital asset custodian that adheres to all applicable regulations, has launched its first off-exchange settlement service. Binance exchange now allows...