SAN FRANCISCO–(BUSINESS WIRE)–Standard Custody & Trust Company, LLC, an institutional-grade custody and settlement platform for digital assets, today announced that it has been named t...
Tag: custody
Banking giant Commerzbank submits application for crypto custody license
As the cryptocurrency market spreads across all parts of the world and various industries, banking institutions are facing increased demand from clients to offer crypto-related services and investment...
Dmitry Pavlov Accused As Hydra Administrator, Taken Into Custody
The Meshchansky District Court of Moscow has arrested him with an accusation of the sale, production, and distribution of drugs. The accused has the exact name of an alleged administrator of the...
Wallex, A Fiat and Digital Asset Management and Custody Platform, Voted as One of the Top Custodians in Early April 2022 – crypto.news
What critics used to dismiss as a fad and tulip mania is now a multi-trillion-dollar industry. As of early Q2 2022, the cumulative cryptocurrency market capitalization stood at over $1.8 trillion. Out...
New Virginia law allows state-chartered banks to custody crypto
A Virginia bill allowing state-chartered banks to provide custodial services for “virtual currency” was approved by Governor Glenn Youngkin on Monday. The law, which will come into effect on July 1, w...
Celsius Launches New Custody Solution, Reworks Crypto Rewards Policy
Celsius Network, a crypto lending platform, has announced the launch of its new custody solution, alongside an update for its Earn rewards program for users. According to Celsius Network, it will be b...
Celsius Network to Launch New Custody Solution for US-based Clients – crypto.news
Celsius Network, a crypto startup offering investors lucrative lending products, has announced the launch of a new custody solution tailored to US-based clients. In a recent update, the company issued...
SEC chair Gensler calls for more regulation on stablecoins and crypto firms’ custody, market-making arms
The Securities and Exchange Commission is considering new firewalls for custody and market-making businesses at crypto firms and pushing for more SEC oversight of stablecoins. During an April 4 speech...
Crypto Counts as Liability for Custody Companies, Says SEC
Companies holding cryptocurrencies for clients should treat them as liabilities on their balance sheet, the U.S. securities regulator said. According to the guidance issued by the Securities and Excha...
Circle Chooses BNY Mellon to Custody USDC Reserves – Bitcoin News
Boston-based Circle Internet Financial has announced the company has selected BNY Mellon to custody the firm’s usd coin (USDC) reserves. The company’s dollar-pegged crypto asset is currently the secon...
US Firms Providing Custody Services Should Account for Crypto Assets as Liability, Disclose Risk, SEC Says
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Akoin integrates Fireblocks to enhance crypto wallet’s security, custody capabilities
Famous US rapper and philanthropist Akon’s crypto project Akoin has partnered with Fireblocks to create a more secure wallet for a pan-Africa user base. Akoin will integrate Fireblocks’ MPC wallet tec...
Coinbase Adds Custody Support for 12 Altcoins –
First token added was crypto lending platform Celsius Network Coinbase says it’s adding 12 new virtual assets CRO Price at the time of writing – $0.45 Leading US-based crypto trade Coinbase is adding...
Coinbase Adds Custody Support for 12 Altcoins As Crypto Markets Bounce Back
Leading US-based crypto exchange Coinbase is adding to its burgeoning arsenal of digital assets by extending custodial services to a dozen altcoins. Coinbase says it’s adding 12 new virtual assets to ...
Cowen Digital has Launched a Digital Asset Division to Offer Trading and Custody Solutions – crypto.news
Today, Cowen Inc. announced the public launch of its digital asset division, Cowen Digital LLC, based in Stamford, Connecticut. A new division of the firm will provide digital asset ecosystem access t...
CMC Markets Has Recruited Nicola Greenwood as Its Custody Manager
CMC Markets has recruited Nicola Greenwood as its Custody Manager, effective from March 2022. Finance Magnates recently learned from the LinkedIn profile of Nicola Greenwood, an operations manager wit...
How Anchorage is helping hedge funds custody hundreds of millions of dollars in NFTs
As Mónica explained during an interview on The Scoop with host Frank Chaparro, there are two main reasons he believes institutions are expressing interest in NFTs: “The first one is that it’s free mar...
Crypto Custody Provider Hex Trust Raises $88 Million ⋆ ZyCrypto
Advertisement     Hex Trust, an institutional crypto custodian based in Hong Kong and Singapore, recently secured $88 million in a Series B investment round headed by ...
State Street Partners with Copper.co to Offer Crypto Custody Services to Customers
State Street Corporation, a major US bank based in Boston, announced on Wednesday that its digital division has partnered with Copper.co, a London-based provider of institutional digital asset custody...
State Street Partners with Copper to Offer Crypto Custody for Institutional Clients
Slate Street – a bank holding company headquartered in Boston – has partnered with crypto infrastructure provider “Copper” to launch institutional-grade digital asset custody for its clients. Upon reg...
State Street to Launch a Digital Custody Offering with Copper.co
State Street Corporation, a leading provider of financial services, announced on Wednesday that its dedicated Digital division, State Street Digital, has entered into a licensing agreement with London...
State Street inks institutional crypto custody deal with Copper
advertisement Boston-based bank State Street has announced a new crypto custody offering in partnership with Copper, the UK-based custodial startup. “State Street Digital will leverage Copper.co...
Virginia Passes Bill That Allows Banks To Provide Custody for Crypto Assets
The state of Virginia has unanimously passed a new cryptocurrency bill that allows banks to provide custody for digital assets. According to a report by Fox Business, HB 263 passed the state’s legisla...
Virginia Senate Votes to Support New Bill by Permitting Banks to Offer Crypto Custody Services
With just a signature away, banks operating in the United States of Virginia will soon be able to offer cryptocurrency custody services. Based on the unanimous vote from the Virginia Senate, the propo...
U.S. State Virginia Will Allow Banks To Offer Crypto Custody Services
Virginia’s Senate on Friday unanimously approved a bill that will allow banks in the state to provide crypto custody services, granted they have enough resources to manage the associated risk. The bil...
US Virginia Senate allows state banks to offer crypto custody services
The Senate of Virginia in the United States unanimously approved a bill amendment request that now allows traditional banks operating in the Commonwealth of Virginia to provide virtual currency custod...
Virginia Will Now Allow Banks To Offer Crypto Custody Services
Virginia’s Senate on Friday unanimously approved a bill that will allow banks in the state to provide crypto custody services, granted they have enough resources to manage the associated risk. The bil...