Chief marketing officer Michal Ferguson joins from cybersecurity platform Snyk, following the appointment of new CFO Michael Levine, and chief customer officer Madan Gadde.
Bitcoin ETF Provider Valkyrie Adds BitGo as Second Custodian in Risk Mitigation Move
The digital asset investment firm has become the first of the ETF providers to diversify custody of its coins by tapping BitGo’s expertise in addition to Coinbase.
Crypto Custodian Hex Trust Expands European Foray With Registration in France
The registration, which follows last year’s approval in Italy, is “a significant milestone” for its European expansion plans, Hex Trust said.
Nasdaq Halts Plan for Crypto Custody Service Due to U.S. Regulatory Conditions
The stock market operator had said in March, that it was putting together infrastructure and regulatory approval for the custodian service.
OKX Chooses Nomura-Backed Crypto Storage Firm Komainu as Custodian
OKX is the first client to use Komainu Connect, a regulated settlement and custody system for institutional customers.
Binance’s Custody Arm Ceffu Will Apply For Singapore License: Report
Binance rebranded its custody arm to Ceffu earlier this month.
Indonesia targets launch of its national crypto exchange by June
Indonesia’s financial services regulator first expressed its intentions to establish a crypto exchange back in 2021.
Turkey may establish central custodian bank following alleged fraud at two major exchanges
Vebitcoin CEO Ilker Bas is reportedly in police custody, with Thodex owner Faruk Fatih Özer suspected to have fled to Albania.
Standard Chartered, Northern Trust to Launch Crypto Custody Service in the UK
Zodia Custody is currently pending approval by the U.K.’s Financial Conduct Authority and is expected to launch in 2021.
Standard Chartered Participates in Jammed $18M Round for Crypto Custodian
Standard Chartered said it invested in Metaco to improve the relatively undeveloped market infrastructure in digital assets.
Xapo Suspends Credit Card Crypto Purchases, Shifts Operations to Gibraltar
Xapo is making changes as it transforms into a digital bank launching later this year.
BitGo Reveals Bitcoin Lending Push; $150M Booked So Far
With big banks still mostly eschewing the 11-year-old digital-asset industry, a new breed of lenders is stepping into the void to meet the demand. Enter BitGo.
Crypto Exchange Bitstamp Taps BitGo for Custodial Services
Bitstamp will begin transferring its assets under management to BitGo’s cold wallets on Oct. 10.
Coinbase Approved to Offer Crypto Custody Services in New York
Coinbase has received approval from New York regulators to form a qualified custodial firm for cryptocurrencies.