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BitGo Secures Digital Asset Custody License in Germany
1.11.2023
Digital assets custody firm BitGo has obtained a cryptocurrency custody license from the German Federal Financial Supervisory Authority (BaFin). According to a recent press release, the cryptocurrency firm has been granted a full license in Germany following years of operations in the country...
BitGo Granted German Crypto Custody License by BaFin
1.11.2023
BitGo had already been storing crypto assets under the regulator's supervision since 2019 as part of a transitional regime, the firm said
Banking Giant Standard Chartered’s Crypto Custody Firm Zodia Launches in Hong Kong
31.10.2023
British banking giant Standard Chartered-owned crypto custody firm Zodia is launching services in Hong Kong. “The Hong Kong government and the regulators see digital assets as the future and also want Hong Kong to be a hub,” the crypto firm’s CEO emphasized. Zodia has already expanded into...
OKX Latest Proof of Reserves Shows Exchange Over-collateralized
30.10.2023
The latest proof of reserves shows that the exchange is 103% collateralized with bitcoin, ether, and USDT
Report: Crypto Custodians Are Evolving to Provide More Services
27.10.2023
A report issued by Ccdata, a digital asset-focused research firm, describes that crypto custodians have been evolving to introduce new use cases for their institutional customers. These new use cases include staking services, tokenized real-world assets (RWA) custody, and investment product-related...
Prosegur to Build Secure Crypto Bunker in Brazil
27.10.2023
Prosegur, a Spain-based security company, will build a secure bunker to offer custody services for institutional crypto users in Brazil. The bunker, to be located in Sao Paolo, will be monitored 24 hours a day and will apply various defensive measures in case of an invasion by attackers. Prosegur...
Crypto Wallet Maker Ledger Officially Rolls Out 'Recover,' Unleashing Fresh Round of Snark
24.10.2023
Recover involves users' private keys being encrypted, duplicated and divided into three pieces which are held with three different parties
Bitcoin Asset Manager Onramp Unveils Multisig Platform, Adds BitGo to Custodians
19.10.2023
Onramp is harnessing multisig security, in which multiple custodians control the private keys to the bitcoin being held, tapping BitGo to perform this role alongside Coincover and Kingdom Trust
Nomura-Backed Komainu Joins Crypto Custodian Copper’s ClearLoop Network
19.10.2023
Komainu clients will be able to benefit from the firm’s on-chain custody while gaining access to off-exchange settlement over ClearLoop
Bitcoin Miner Marathon to Custody Some of Its BTC With Fidelity Digital
18.10.2023
The miner is adding Fidelity to diversify its bitcoin (BTC) custody
Crypto for Advisors: Advisors Pivot to On-Chain Support
12.10.2023
How can advisors support client interest in digital assets? Thanks to Miguel Kudry from L1 Advisors for taking us through examples in today’s Crypto for Advisors newsletter
Hardware Wallet Firm Trezor Rolls Out New Safe 3 Model, Metal Seed Backup
12.10.2023
Trezor, a leading hardware wallet manufacturing company, unveiled three new products on Thursday aimed at both novice and experienced cryptocurrency users who want to securely self-custody their digital assets. The Prague-based firm launched the Trezor Safe 3, the firm’s latest generation hardware...
Trezor releases new hardware wallet and metal private key backup
12.10.2023
Trezor is celebrating its 10th anniversary by releasing three new self-custody products, focusing on providing entry-level devices
Bitcoin Financial Services Firm Swan Unveils 'Collaborative Custody' Service
5.10.2023
Swan and Blockstream's aim is to allow users to retain ultimate control of their bitcoin (BTC) while knowing that is stored in a highly secure way
CoinDCX exchange expands self-custody wallet to support 155 countries
5.10.2023
With Transak's integration, CoinDCX’s Okto wallet has increased the number of previously supported 60 countries to more than 155 jurisdictions
Bitfinex to Enhance Clients' Assets Security Using Zodia Custody's Interchange Product
28.9.2023
Zodia's Interchange allows clients to keep their assets on its platform, while their holdings are mirrored and available on an exchange for trading
SEC’s Gensler Throws More Crypto Punches in Congressional Hearing
27.9.2023
U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler continued his combative stance against crypto "hucksters" in congressional testimony on Wednesday, declining to answer the industry's most urgent questions while arguing that digital assets companies have been dangerously careless...
Coinbase Registers as Crypto Exchange and Wallet Provider in Spain
25.9.2023
U.S.-based crypto exchange Coinbase has obtained a registration in Spain that will allow it to offer a range of services for digital assets. The authorization fits into the company’s current strategy for global expansion through acquiring local licenses and tailoring products for specific markets....
Standard Chartered’s Zodia Custody to Bring Yield on Crypto Holdings for Institutional Clients
19.9.2023
Zodia Custody, a Standard Chartered Bank-owned crypto entity, is bringing yield on digital assets to institutional clients in partnership with Singapore-based digital asset platform developer, OpenEden.
The collaboration comes days after Zodia officially launched its crypto custody services...
CZ Denies Binance.US Used Ceffu or Binance Custody in Apparent Contradiction
19.9.2023
Binance.US previously told a DC court it used custody software offered by Binance’s international arm that was later rebranded Ceffu