Search
US Senate allows Virginia banks to offer crypto custody services
5.3.2022
Delegate Christopher T. Head introduced the bill (House Bill No. 263) back in January 2022, seeking an amendment to allow eligible banks to offer crypto custody services
State Street's 'Mega' Crypto Plan, Hayes Pleads Guilty, Flexpool's Message to Russia, Pulled NFT Sale + More news
25.2.2022
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.
__________
...
Read More: State Street's 'Mega' Crypto Plan, Hayes Pleads Guilty, Flexpool's Message to Russia, Pulled NFT Sale + More news
BNY Mellon plans to launch digital asset custody platform later this year
25.2.2022
The investment bank reportedly said it will begin with the United States and then expand worldwide based on market demand
'You'd better buy some Bitcoin' — BTC figures defy Canada gov't as ETF assets hit record
23.2.2022
BTC remains the best bet when it comes to avoiding Canada lawmakers' overreach, proponents argue
BitPanda to provide crypto custody with the acquisition of FCA-approved Trustology
22.2.2022
Bitpanda said Trustology acquisition would be the first step towards launching its prime brokerage service Bitpanda pro
Canadian Regulator Reports Coinbase, Kraken CEOs' Crypto Custody Tweets
22.2.2022
The crypto fallout from Canada’s so-called “truckers’ protest” is continuing to make its presence felt – with a financial regulator reporting the heads of the American crypto exchange giants Kraken and Coinbase to the Royal Canadian Mounted Police, the Canadian national police force, over their...
Fireblocks to Acquire Crypto Payment Platform for a Reported $100 Million
20.2.2022
Digital asset custody service provider Fireblocks has announced it will acquire First Digital, a fellow Israeli company, for $100 million. The acquisition, which is said to be Fireblocks’ first, comes less than three weeks after the company revealed it raised $550 million in Series...
Bank of Spain Approves Its First VASP License
18.2.2022
The Bank of Spain, the central bank of the country, has recognized the first cryptocurrency platform that will be able to operate and provide officially approved services in the country. The first exchange to receive this approval was Bit2me, which is now approved to act as a virtual asset service...
Coinbase and 17 Other Crypto Firms Launch ‘Travel Rule Universal Solution Technology’
17.2.2022
On Wednesday, the publicly-listed cryptocurrency firm Coinbase announced the launch of a collaborative effort called TRUST, which stands for “Travel Rule Universal Solution Technology.” The plan is described as an “industry-driven solution” developed to comply with...
'Keep Your Coins' bill introduced to restrict government control of crypto
16.2.2022
“Been working on that since 2016. Unbelievable that Congress won’t unite to end the unjust, immoral, and unconstitutional practice of civil asset forfeiture,” said congressman Warren Davidson
Bitfinex Hack: Ilya Lichtenstein Remains in Federal Custody, Heather Morgan Released on Bail
15.2.2022
A judge in Washington D.C., USA, denied bail to Ilya Lichtenstein while releasing his wife, Heather Morgan, from detention on bail.
The duo was previously granted bail by a New York judge for an alleged conspiracy to launder USD 4.5bn worth of bitcoin (BTC) stolen from the 2016 hack of...
MetaMask's new inbuilt multi-chain institutional custody feature
27.1.2022
MMI product lead Johann Bornman labeled the integration with Cactus Custody’s DeFi Connector as a “profound DeFi offering for institutions.”
Union Bank of the Philippines selects Metaco and IBM to facilitate digital asset custody operations
20.1.2022
"With the recent launch of our APAC headquarters in Singapore, we can ensure that we continue to offer best-in-class services to UnionBank and other clients in the region," says Patrick Enjalbal, VP Customer Success managing director of Asia-Pacific region at Metaco
MTI Mastermind Arrest: Lawyer Points to Agreement Relating to Johann Steynberg’s Extradition to South Africa
16.1.2022
With Johann Steynberg now in custody in Brazil, a lawyer has suggested that South Africa may have to resort to an existing legal assistance agreement with Brazil if it wishes to have the CEO extradited. However, the success of any such extradition will depend on the next steps taken by authorities...
Soldex, Solana-built Decentralized Exchange Partners with Larix Protocol
12.1.2022
The growth of the cryptocurrency industry has raised many concerns. They range from security and scalability, on-boarding newbies, trust-less custody and order matching on exchanges to overall user experience, and to achieve mass adoption of cryptocurrency, there’s a need for third...
A Reminder On Bitcoin's 13th Birthday: Why It Is Important to Self-Custody Your Keys
3.1.2022
On January 3, 2009, the first Bitcoin (BTC) block, also known as the Genesis block, was mined by the project's pseudonymous creator Satoshi Nakamoto. Today marks exactly thirteen years from the event, and the crypto community is celebrating Bitcoin becoming a teenager (Happy Bitcoin...
13 Crypto Exchanges Custody 7% of the Crypto Economy, Coinbase Dominates With $56.2B AUM
2.1.2022
As 2022 begins, 13 different cryptocurrency exchange platforms have more than a billion dollars each in digital currencies held in reserves. Between all 13 trading platforms, the group of exchange platforms hold a whopping $165.25 billion worth of bitcoin, ethereum, and tether. 13 Crypto Exchanges...
Kraken Set To Let Users Borrow Funds Against Their NFTs
24.12.2021
US crypto exchange Kraken is working on a new functionality which would enable its users to borrow funds against their non-fungible tokens (NFTs), according to the company's CEO, Jesse Powell.
“If you deposit a CryptoPunk on Kraken, we want to be able to reflect the value of that in your...
US Regulator Tells Credit Unions They Can Team Up with Crypto Firms
22.12.2021
America’s credit regulator, the National Credit Union Administration (NCUA) has told domestic credit unions that they can partner with third-party cryptoasset service providers to give their members access to crypto markets.
The NCUA outlined its stance on crypto in an open letter to unions...
Mutual Bank in New Jersey to Give Customers the Ability to Buy, Sell and Hold Cryptocurrency
21.12.2021
Manasquan Bank, a mutual community bank in New Jersey serving residents since 1874, has announced it is partnering with the company Bakkt to give its retail clients the ability to buy, sell and hold cryptocurrency through the bank’s mobile banking application. Manasquan Bank to Give...