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Nalezeno "custody": 1301

Think Tank Tells South Korean Banks: Start Offering Crypto Custody Services


A research paper from an influential South Korean think-tank has recommended that banks enter the crypto custody and blockchain-as-a-service (BaaS) spaces to end their reliance on interest-based income sources. Per the news agency Yonhap, Lee Soon-ho, a senior researcher from the Seoul-based Korea...

Spain Prepares Registry for Cryptocurrency Exchanges and Custody Providers


The authorities of Spain must prepare a registry of cryptocurrency exchanges and custody providers to comply with legal requirements to address transparency and terrorism financing issues. This registry is specified by the Prevention of Money Laundering and Financing of Terrorism Law, approved last...

UK’s Standard Chartered to Offer Crypto Brokerage Services in Ireland


British bank Standard Chartered will offer cryptocurrency broker services in Ireland through its Zodia Custody subsidiary. The digital asset custodian will focus on signing up institutional investors in the Republic which has become a European base for many financial institutions and crypto...

Genesis Report Highlights ‘Emerging Role’ of Ethereum and Defi in Q2 2021


Genesis Digital, a leading cryptocurrency trading, lending, and custody desk, released its Q2 reports, where it confirms what it calls the “emerging role” that Ethereum and defi have in the industry. The report also confirms that institutional interest in crypto is still rising despite...

Fireblocks Custody Company Raises $310 Million, Reaches $2 Billion Valuation


Fireblocks, a blockchain infrastructure firm, raised $310 million in its most recent funding round, reaching a valuation of $2 billion. The company, which specializes in the custody of digital assets, is interested in bringing traditional assets to the blockchain realm. Fireblocks expects this...

South Korean Bank Woori Financial to Offer Crypto Custody Services


Woori Financial Group, one of the biggest financial conglomerates in South Korea, will offer crypto custody services. The bank will develop a joint venture effort with Coinplug, a blockchain-based developing company. This conglomerate signals the third bank entering the market in the country, after...

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