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Deutsche Börse’s Subsidiary Crypto Finance Gets BaFin License
13.2.2024
BaFin, Germany’s financial regulator, has issued four licenses to Crypto Finance, a firm operated by leading stock exchange Deutsche Börse. The key licenses will allow Crypto Finance to carry out regulated digital asset trading, settlement, and custody services in Germany. The Swiss Financial...
Franklin Templeton Latest Firm to File for Spot Ethereum ETF
13.2.2024
Investment firm Franklin Templeton is the latest asset manager to file a spot Ethereum exchange-traded fund (ETF) application with the Securities and Exchange Commission (SEC) in the United States. The filing was submitted on Monday. Coinbase Custody will be the Ether custodian and Bank of New York...
FTX to Sell Custody Unit for $500K After Paying $10M Just Months Before Collapse
12.2.2024
The bankrupt exchange's unit, Digital Custody Inc., which FTX bought for $10 million, sold for just $500k to CoinList
Ripple-Owned Metaco Loses its CEO and Chief Product Officer: Report
12.2.2024
Swiss cryptocurrency custody firm Metaco’s CEO Adrien Treccani and chief product officer Peter DeMeo have left the company, according to a CoinDesk report. In the meantime, no acting CEO has been named. During press time a Metaco spokesperson was unavailable to comment further on the report. Ripple...
Ripple-Owned Crypto Custody Firm Metaco's CEO and Head of Product Depart
11.2.2024
Metaco CEO Adrien Treccani and Chief Product Officer Peter DeMeo have left the crypto custody firm that was acquired by Ripple last year
FTX to Sell Subsidiary Acquired for $10M to Coinlist for $500K Amid Bankruptcy Proceedings
11.2.2024
FTX Trading Ltd. and its affiliates have announced a plan to sell a subsidiary it acquired for $10 million to Coinlist for $500,000, court documents filed on Feb. 9, 2024 show. The latest motion, filed in the United States Bankruptcy Court for the District of Delaware, details the proposed sale...
CoinList to Acquire FTX’s Digital Custody Subsidiary in Cut-Price Deal
11.2.2024
The FTX Debtors estate, under the leadership of CEO John Ray III, has initiated the process of selling Digital Custody Inc. (DCI) to CoinList. FTX had previously acquired the subsidiary in two separate transactions, one in December 2021 and the other in August 2022, for a total of $10 million....
FINRA-Registered Digital Asset Platform Prometheum to Launch Ether Custody Services
7.2.2024
Prometheum, the first U.S. special purpose broker-dealer authorized to custody, clear, and settle digital asset securities, disclosed that it is now providing custodial services for the cryptocurrency ethereum. This announcement arrives amidst a period where the prominent crypto asset, ethereum...
Prometheum, the Only SEC-Registered Crypto Company, Launches First Product: Ether Custody Service
7.2.2024
Prometheum, the only digital asset service provider registered with the US SEC, will offer its first crypto product in March: Ethereum custody, according to a report by Fortune. It is potentially big news for the industry. A successful launch could end up clarifying Ethereum’s status as...
Crypto Custody Firm Fireblocks Latest to Cut Jobs Amid Tech Layoffs
7.2.2024
Crypto custody provider Fireblocks has announced a reduction in its workforce as part of a restructuring effort. In a recent interview with Bloomberg, Fireblocks said it has been working on restructuring its go-to-market and customer support operations over the past six months. The goal is...
Prometheum, the Only U.S.-Registered Crypto Platform, Picks Ether as Its First Product
7.2.2024
Prometheum Inc. – still standing alone as the only U.S.-registered crypto securities platform – has disclosed that the first digital asset it'll handle for clients will be ether {{ETH}}
Blockchain Basics Act Reaches Tennessee, 16 Legislatures Working on Similar Bills
5.2.2024
The Blockchain Basics Act, a bill that seeks to secure the rights of state citizens regarding cryptocurrency ownership, self-custody, and mining, has reached Tennessee. The bill, supported by the Satoshi Action Fund, was introduced to the State House by Rep. Kevin Vaughan and simultaneously to...
Crypto Lawyer Reveals Fed’s Involvement in ‘Operation Chokepoint’ on Digital Assets
1.2.2024
Image Source: Jimmy Aki, Midjourney On January 31, popular crypto lawyer James Murphy exposed subtle anti-crypto moves by the US Federal Reserve against crypto custody firm Custodia Bank. ‘Master Account’ Approval Takes Forever In a post on X (formerly Twitter), James “MetaLawMan” Murphy revealed...
Fintech Provider Portal Raises $34 Million in Seed Funding
1.2.2024
Portal, the provider of a decentralized Bitcoin ecosystem, announced on Jan. 30 that it has raised $34 million via a seed funding round. Portal said the raised capital is set to fund the development of a decentralized exchange platform and a wallet. Layer 2 Atomic Swap Technology Portal, a fintech...
Thailand's SEC Breaks New Ground in 2024 With Crypto-Friendly Rules
30.1.2024
Thailand's SEC has updated its rules by removing retail investors' limits for asset-backed tokens, creating new rules for custodians and giving them a larger role in monitoring digital asset business
Binance Now Allows Larger Traders to Keep Their Assets Elsewhere: FT
30.1.2024
The move may reflect users' unease about Binance's regulatory dispute in the U.S. which saw it landed with a $4.3 billion fine in November
Decentralization to Secure Crypto Assets: Interview with Billy Mullins
29.1.2024
MatterFi, a decentralized digital asset wallet solution focused on security and efficiency, seeks to raise the bar regarding custody integration, faster transactions, and wider crypto adoption. In a recent press release, the company announced Billy Mullins as its new Chief Technology Officer (CTO)...
Which Is the Best Self-Custody Lightning Wallet?
26.1.2024
Bitcoin educator Anita Posch tested the Blixt, Green, Mutiny, Phoenix and Zeus Lightning wallets while traveling in Zimbabwe
Eco’s Beam Wallet Developer Acquires Join for Integrated Amazon and Shopify Purchases
26.1.2024
Eco Inc., the crypto payments company behind the self-custody wallet Beam, announced its acquisition of Join, a shopping app that allows users to purchase stablecoins at major merchants like Amazon and Shopify. 1/ BIG NEWS: we’ve acquired @join to enable shopping online with stablecoins. It’s time...
Crypto for Advisors: Unlocking Crypto Custody
25.1.2024
As a financial advisor, it is crucial to understand that there is no one-size-fits-all approach to crypto custody. Instead, the most suitable solution depends on your client’s specific needs, goals, and risk appetite