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The Importance of Crypto Custody for Cryptocurrencies


The term “custody” in finance means when an institution holds on someone else’s assets in lieu to protect them. The institutions that provide custodian services cannot in any way whatsoever lend the assets to anybody else to earn interest therefrom; they are only to store and secure assets on their...

Germany’s BaFin Clarifies Licensing Process for Foreign Crypto Custodians


In its latest guidance released in January, the regulator said firms already custodying digital assets for Germans would not be penalized for not having a license. Instead, they’d be grandfathered into the same protection that crypto custody firms based in Germany already have under the new law

Coinbase Custody Launches International Office in Dublin, Ireland


Coinbase Custody, which serves as one of the leading platforms offering institutional-grade storage services to investors, has added another feather to its credit. The revolutionary firm has announced the launch of its regional office in Dublin, Ireland. With its first-ever office in the European...

Silvergate Bank and Bitstamp Launch Bitcoin Collateralized Loans


U.S.-based Silvergate Bank has launched a bitcoin collateralized loan product with Bitstamp as its launch partner. The crypto exchange will act as the bank’s agent to manage and provide custody for bitcoin collateral. The product utilizes Silvergate Bank’s Exchange Network to fund loans...

Crypto Custody, Explained


Crypto custody enables digital assets to be held in large volumes, potentially eliminating a major hurdle for institutional investors who want in #Sponsored

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