Tag: Custody
UK Will Issue Legislation for Crypto Staking, Custody, Exchange and Stablecoins by July, Minister Bim Afolami Says
"We are now working at pace to deliver the legislation to put our final proposals for our regime in place," Afolami said. "Once it goes live, a whole [...]
Germany’s Largest Federal Bank LBBW to Offer Crypto Custody Services With Bitpanda
"By offering crypto-asset custody, we are positioning ourselves with a clear added value for our corporate clients – while ensuring the highest securi [...]
BCB Group Moves Custody of Digital Asset Operations to Metaco’s Platform
“We continue to empower new global financial ecosystems, by connecting the global crypto industry,” Oliver Tonkin, BCB's co-founder and CEO, said in t [...]
Galaxy Digital-Owned Crypto Custody Specialist GK8 Unveils Tokenization Wizard
The first client to use the tool will be a partnership between asset manager DWS, Flow Traders and Galaxy to manage a fully collateralized euro-denomi [...]
Singapore Central Bank Enacts Licencing Requirements for Crypto Custody Services and Others
The legislation was passed in 2021 with amendments to the Payment Services Act (PS Act), the framework to regulate payment service providers. It was s [...]
Marsh Introduces $825M Crypto Custody Cover
Marsh, which has over 45,000 staff and is part of professional services giant Marsh McLennan, said the new insurance product will support organization [...]
Enhanced Custody Solutions and Quant Funds Drive Mainstream Integration
Just as institutional quant hedge funds carved out strategies that generated hundreds of billions in traditional equity markets, we are seeing a parad [...]
Crypto Exchange Kraken Unveils Qualified Custody for Institutions in Crypto-Friendly Wyoming
Looking ahead, “Kraken’s engineering team has built out a smart order routing tool that provides access to highly liquid order books across multiple v [...]
Crypto Custody Firm Cordial Systems Names Jump Crypto as Client as It Exits Stealth
“We give all the software to the customer side, not just a bit of the key. So they basically run everything on their side,” Higgs said. “We reduce our [...]
Detained Binance Executives to Remain in Nigerian Custody Until Hearing: WSJ
The two men were arrested on Feb. 26 after arriving in Abuja to meet with Nigerian leaders who accused the crypto exchange of crashing the country’s c [...]
U.S. House Panel Seems Poised to Disapprove of Controversial SEC Custody Guidance
The House Financial Services Committee also seemed inclined to adopt a bill giving the U.S. Secret Service more resources to investigate crypto crimes [...]
Alexander Smirnov to Be Held in Custody Indefinitely, Judge Says
Alexander Smirnov, the former informant, pleaded not guilty to charges that he lied to the F.B.I. about President Biden and his son Hunter accepting b [...]
HKMA Issues Guidance for Firms Offering Crypto Custody
The collapse of FTX, Terra, and Three Arrows have led authorities to frame regulations or guidance to protect customers from inadequacies in the digit [...]
FTX’s Custody Unit Sold for 95% Less Than It Paid Months Before Collapse
DCI was initially bought to provide custodial services for FTX.US and U.S.-based LedgerX, but due to the collapse of the FTX empire, it was never inte [...]
Ripple-Owned Crypto Custody Firm Metaco’s CEO and Head of Product Depart
A Ripple spokesperson confirmed CEO Adrien Treccani and Chief Product Officer Peter DeMeo were gone and said: "We appreciate the strong and industry-l [...]