The move will allow the crypto payments firm to consolidate its custody technology.
Singapore Enacts Licencing Requirements for Crypto Custody Services and Others
Singapore has expanded the scope of what cryptocurrency-related activities it regulates to include custodial services, the Monetary Authority of Singapore (MAS) announced on Tuesday.
Hong Kong’s Central Bank Issues Guidance for Firms Offering Crypto Custodial Services
Hong Kong’s central bank issued guidance for authorized institutions interested in providing custody services for digital assets.
Thailand’s SEC Breaks New Ground in 2024 With Crypto-Friendly Rules
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.
Mike Belshe, the Crypto Custody King at BitGo
BitGo was one of the few crypto companies to raise capital in a depressed market, and even did so at an elevated valuation. That’s one reason why CEO Belshe is one of CoinDesk’s Most Influential of 2023.
Santander Selects Crypto Custody Firm Taurus for Safeguarding: Source
Santander Private Bank last week said it was offering bitcoin and ether trading for clients with accounts in Switzerland.
India’s Central Bureau of Investigation Appoints Liminal to Manage Seized Digital Assets
India’s Central Bureau of Investigation (CBI), the premier investigating police agency in the nation, has appointed digital asset custodian Liminal to manage seized digital assets.
BitGo and Copper Combine Crypto Custody Settlement Networks
The network effect of BitGo’s cold storage settlement system and Copper’s ClearLoop comprises exchanges like Bybit, OKX, Powertrade, Bitget, Gate.io, Deribit, BIT, Bitfinex, and Bitstamp.
Deutsche Bank to Delve Into Crypto Custody, Tokenization With Taurus
Deutsche Bank will use Taurus’s custody and tokenization technology to manage cryptocurrencies, tokenized assets and digital assets, the companies said.
Nomura-Backed Custodian Komainu Adds Hidden Road to Crypto Collateral Management Platform
Banking Powerhouse HSBC Working With Crypto Custody Firm Fireblocks: Sources
Fireblocks, which specializes in cryptocurrency safekeeping technologies such as multi-party computation (MPC), already works with BNY Mellon and BNP Paribas.
Crypto Exchange EDX Markets Taps Anchorage as Custody Provider
Crypto exchange EDX Markets, which is backed by Wall Street giants including Citadel Securities and Charles Schwab, tapped Anchorage Digital to provide custody for its clearinghouse business set to launch later this year.
Nomura-Backed Crypto Custody Firm Komainu Wins Operating License in Dubai
The company can now offer its full range of digital asset custody services to clients in the emirate, including institutional staking and collateral management.
Why Nasdaq Backing Out of Custody Is Bad, Bad News for Crypto
If a financial giant can’t navigate the red tape, who can?
Not All Crypto Custody Is Created Equal: Crypto Long & Short
FTX, Celsius and BlockFi gave the industry a fresh perspective on custodial fundamentals.
Bitcoin Payments Firm Strike Moves Custody In-House After Ditching Third-Party Services
The move is a “culmination of over two years of effort,” according to Strike CEO and cofounder Jack Mallers.
SEC Blasted on Custody Proposal by JPMorgan, Crypto Firms and a Fellow Agency
The U.S. Securities and Exchange Commission (SEC) went too far when it proposed a new rule demanding investment firms safeguard all of their clients’ assets – including crypto – with approved custodians, according to an array of critics not often in alignment. The proposal drew loud objections from organizations that aren’t always on the same side as the crypto industry – financial giant JPMorgan and the Small Business Administration (SBA) among them.
Estate and Legacy Planning for Crypto Assets
Legacy and estate planning is crucial for cryptocurrency holders because, unlike traditional assets, cryptocurrencies are not regulated by centralized authorities, making it difficult for heirs to access them after the owner’s death. Proper planning can ensure that digital assets are successfully transferred to loved ones and beneficiaries.
Onramp Launches First Spot Bitcoin Trust With Multi-Party Custody
The company, based in Austin, Texas, says the new offering is the first bitcoin trust that takes advantage of Bitcoin’s multi-signature capability.
Crypto Custodian Copper to Provide Off-Exchange Settlement to OKX Customers
Institutional clients will be able to trade on the OKX exchange while their digital assets remain safeguarded with Copper.
