Binance will adopt a new compliance mechanism for its custody solution. Binance Custody is integrating TRM’s complete service platform to bolster its risk management, ensure regulatory compliance, and...
Tag: custody
Binance Custody Ensures Institutional Compliance with TRM Labs Integration
TRM provides Binance Custody best-in-class compliance tools for wallet storage and transactions for institutions SAN FRANCISCO–(BUSINESS WIRE)–Binance Custody, an institutional-grade digital asset cus...
How Binance Will Integrate “Compliance Tools” For Custody
Per a press release shared with Bitcoinist, Binance will integrate a new compliance mechanism for its custody solution. Provided by TRM Labs, the integration will allow Binance Custody to access risk ...
Fidelity rolls out Ethereum trading and custody
Investment giant Fidelity, through its digital assets subsidiary, has announced plans to offer institutional users access to Ethereum (ETH) transactions. The firm noted that the decision to allow acce...
Google and Coinbase strike a deal, BNY Mellon begins crypto custody and WisdomTree’s Bitcoin ETF gets denied: Hodler’s Digest, Oct. 9-15
Coming every Saturday, Hodler’s Digest will help you track every single important news story that happened this week. The best (and worst) quotes, adoption and regulation highlights, leading coins, pr...
$50B asset custody platform GK8 enters Brazil with license agreement
Digital asset custody platform GK8 has partnered with 2ND Market, a Brazilian crypto holding company, to expand cryptocurrency product offerings in Brazil — a move both companies say would support con...
Blockchain.com closes crypto custody for Russians amid EU sanctions
Crypto wallet provider Blockchain.com is the latest company to soon cease to provide services to Russian nationals due to the latest sanctions by the European Union. Blockchain.com has notified its us...
Google chooses Coinbase to accept cryptocurrency payments for cloud services and will make use of their custody technology
Join Our Telegram channel to stay up to date on breaking news coverage Tuesday, Google announced that it will rely on Coinbase in early 2023 to begin allowing some customers to pay for cloud services ...
Former NYDFS Regulator Matthew Homer Joins Standard Custody & Trust Co. Board of Directors
NEW YORK–(BUSINESS WIRE)–#DLT–Digital asset custodian, Standard Custody & Trust Co., a subsidiary of PolySign, today announced the appointment of Matthew Homer to its board of directors. Homer joi...
BNY Mellon Officially Enters Cryptocurrency Custody Business
Alex Dovbnya Bank of New York Mellon has become first major U.S. banking institution to act as cryptocurrency custodian Bank of New York Mellon, the oldest American bank, has announced that its crypto...
BNY Mellon to protect custody services for crypto
Bank of New York Mellon Corporation, more commonly known as BNY Mellon, is opening up its custody services for crypto for the first time so that they can be enjoyed by its users as well. As is well kn...
U.S. Oldest Bank BNY Mellon Launches Crypto Custody Services
Bank of New York Mellon, the oldest bank in the United States, announced today it has launched a new digital asset custody platform. The bank said the newly-launched platform will now enable it to rec...
World’s largest custodian bank launches crypto custody platform
BNY Mellon announced today that its Digital Asset Custody platform has just been launched in the U.S. With a history going back 238 years, BNY Mellon is the oldest bank currently still operating in th...
BNY Mellon Offers Crypto Custody & Custodia Bank’s Caitlin Long Blasts The Fed
Yeah, yeah, the BNY Mellon entered the crypto custody business. The real story here is Custodia Bank’s Caitlin Long’s emotional speech at DC Fintech Week. The bitcoin enthusiast banker left the rest o...
BNY Mellon Rolls Out Crypto Custody Services to Customers
BNY Mellon would be the first bank to use one platform to offer custody for both traditional and crypto holdings. America’s oldest bank BNY Mellon has extended its custody services to cryptocurrencies...
BNY Mellon Launches Bitcoin, Ethereum Custody Services for Investment Firms
BNY Mellon will begin holding Bitcoin and Ethereum on behalf of its customers with software developed alongside crypto custody provider Fireblocks. The service goes live on the bank’s accounting...
BNY Mellon Launches Crypto Custody Service – Report
Bank of New York (BNY) Mellon has announced that its digital assets custody service is now live as it seeks to deepen its foothold in the emerging cryptocurrency ecosystem. Ranked amongst the oldest ...
BNY Mellon Launches Crypto Custody Services to Clients
10 hours ago | 2 mins read Bitcoin News The bank announced its ambitions to provide cryptocurrency services in February 2021. The bank will also make use of Chainalysis’s services to track the route o...
BNY Mellon First Ever Major U.S. Bank To Launch Crypto Custody
In a landmark development in the traditional financial service industry, a major U.S. bank announced launch of crypto custody services. The move makes the bank the first one to store crypto besides tr...
The Oldest Bank in America, BNY Mellon Can Now Custody Bitcoin and Ethereum – Bitcoin News
America’s oldest bank, the Bank of New York Mellon Corporation, commonly known as BNY Mellon, has announced the financial institution can now custody cryptocurrencies. A report published by the Wall S...
BNY Mellon Now Offering Bitcoin And Ethereum Custody Services
– Advertisement – America’s oldest bank will commence its custody service for cryptos this week. BNY Mellon, America’s oldest bank, has announced that it will commence offering custody ser...
BNY Mellon Is Now the First US Bank to Provide Crypto Custody
The Bank of New York Mellon (BNY Mellon) now allows customers to deposit their cryptocurrency holdings. As such, the banking institution now operates as a custodian for both digital and other types of...
BNY Mellon launches its Digital Asset Custody platform
In the latest cryptocurrency news, BNY Mellon, an investment and wealth management company that’s also the world’s leading custody provider, has unveiled its digital assets platform that will see cust...
The European Union Tightly Implemented Crypto Regulations on Russia and Banned all Wallets and Custody Services
Russia and Ukraine wars disrupted the global economical structure. European Union tightens rules and regulations on Russia. The War between Russia and Ukraine has been troubling several countries, an...
Binance Licensed in Kazakhstan as Provider of Crypto Exchange and Custody Services – Exchanges Bitcoin News
Authorities in Kazakhstan have granted Binance a license to operate as a digital asset platform and provide an array of relevant services. While working out of the nation’s financial hub in the capita...
European Union Tightens Crypto Sanctions on Russia, Bans All Wallet and Custody Services to the Country
The European Union’s tightening of sanctions on Russian for its continued invasion of Ukraine now includes a ban on all cryptocurrency wallet and custody services. The EU’s eighth package of sanctions...
EU Bans All “Crypto-Asset Wallets, Accounts, or Custody Services” For Russia
– Advertisement – European Union (EU) Tightens Crypto Restrictions on Russia in a Fresh Set of Sanctions. The European Union has tightened restrictions on Russian crypto wallets in its eig...
Matrixport secures USD 50M insurance coverage from Canopius for digital assets held with Cactus Custody
Matrixport, one of the world’s largest digital assets financial services ecosystems, has announced the securing of $50 million of insurance coverage for digital assets held in cold storage with Cactus...
Celsius Network shouldn’t Reopen Custody Withdrawals:- U.S. Trustee
On July 13, Celsius Network Filed bankruptcy under Chapter 11 under bankruptcy rules. In September, Celsius filed a plea in the court to use its Custody Withdrawals to clear its debts. Celsius Netw...
Crypto Lender Celsius Shouldn’t Reopen Custody Withdrawals, US Trustee Says
The company’s motion to reopen withdrawals would apply only to customers holding “pure custody assets,” which Celsius has failed to define. The objection claims that distributing funds to a limi...
Tornado Cash’s Alex Pertsev to Remain in Custody as Appeal Was Rejected
Legal authorities in the Netherlands have rejected the appeal to release Alexei Pertsev, the chief developer of the Tornado Cash protocol was arrested and remanded by Dutch Authorities shortly after t...
Crypto Custody Firm Anchorage Digital to Be Preferred Custodian for Layer 1 Blockchain Aptos Labs
As institutional adoption continues to grow, it is apparent that services for cryptocurrencies continue to have a demand. Monica noticed an increased demand for institutional adoption of crypto invest...