BitGo is expanding beyond crypto custody with the takeover of a onetime poster child of the adjacent market for digital securities. Harbor’s subsidiaries, which include a broker-dealer regulated by…
Tag: custody
London-Based Crypto Custodian Copper Raises $8M for Expansion Overseas – CoinDesk
Crypto custody provider Copper has raised $8 million in a Series A round – an investment it plans to use launching in new markets. Participants in the Series A…
Custody Provider Vo1t Partners With IBM to Offer Customers More Secure Transactions – CoinDesk
Cold storage custody provider Vo1t is offering clients secure data servers from IBM to hold and encrypt their private keys. The new option, which comes from IBM Hyper Protect…
Germany’s BaFin Clarifies Licensing Process for Foreign Crypto Custodians – CoinDesk
Germany’s Financial Supervisory Authority (BaFin) is clarifying how the country’s new cryptocurrency custody law will apply to firms that operate outside of Germany but still serve the German market….
Coinbase Custody, Bison Trails Join Proof of Stake Alliance to Push for Clearer Crypto Regulations – CoinDesk
Coinbase Custody and Bison Trails have joined the Proof of Stake Alliance (POSA), a lobbying organization hoping to push regulators to clarify the legal treatment of staking services. Announced…
Coinbase Custody Goes International With New Entity in Ireland – CoinDesk
Coinbase has launched Coinbase Custody International Inc., a European entity for handling cryptocurrency deposits. Based in Dublin, Ireland, Coinbase said in a blog post that client demand for institutional-grade…
Hawaiian Bill Would Let Banks Act as Crypto Custodians – CoinDesk
Hawaiian lawmakers have submitted a bill that allows banks to provide custody for digital assets. SB2594, introduced on Jan. 18 with bipartisan backing, would make it legal for Hawaiian…
German Bank Launches Digital Assets Unit to Offer Custody Products – CoinDesk
German bank solarisBank is jumping into the crypto custody space. Through a subsidiary called solaris Digital Assets, the Berlin-based bank will offer a white-labeled custody product, the company recently…
Crypto Custody Firm Trustology Cuts Staff as Banks Delay on Digital Assets – CoinDesk
Digital asset custody firm Trustology has cut seven staffers, including three executives, as the big banks and institutional players that were its target market are taking longer than expected…
Dutch Bank ING Reportedly Working on Crypto Custody Tech – CoinDesk
Netherlands-based banking multinational ING is developing technology for the custody of crypto assets, according to Reuters. The news agency said in a report on Wednesday that sources “familiar with…