Banks in US Can Now Offer Crypto Custody Services, Regulator Says

2020-7-22 20:00

U.S. regulators have cleared the way for national banks to provide cryptocurrency custody services on behalf of customers.

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custody banks → Результатов: 61


US Regulator, OCC, Authorizes National Banks and Federal Saving Institutions as Crypto Custodians

U.S. regulator, the Office of the Comptroller of Currency (OCC), allows federal banks and national savings institutions to officially custody cryptocurrencies for their customers. The statement released on July 22, confirms that any national bank or savings facility can now hold on to unique cryptographic keys of cryptocurrencies in their vaults pertaining to custody services. […]

2020-7-22 21:40


Hawaii Lawmakers Submit a Bill to Allow Banks to Provide Custody for Digital Assets

Hawaiian lawmakers have submitted a bill SB2594 on Jan. 18 that would make it legal for the banks to provide custody for digital assets. As per this bill, Hawaiin banks will be allowed to hold “Digital asset,” “Digital consumer assets,” “Digital security,” “Virtual currency,” and any other “open blockchain token” for their customers. Banks can […]

2020-1-24 19:33


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Arab Bank Switzerland to Offer Bitcoin Custody and Brokerage Services

According to a report published by swissinfo. ch on September 19, 2019, Arab Bank Switzerland has joined the list of established banks which offer access to digital asset products. A New Bank in the Crypto Sphere Arab Bank Switzerland, a bank specializing in private banking and trade financing, has partnered with blockchain technology firm Taurus, toRead MoreRead More.

2019-9-20 09:00


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Puerto Rico Approves Combination Bank for Fiat and Digital Assets

The San Juan Mercantile Bank & Trust International (SJMBT), a new bank in Puerto Rico catering to cryptocurrency traders, is now fully operational. SJMBT announced its receipt of all appropriate licensing from Puerto Rican regulatory officials to begin offering “fiat and digital asset custody and settlement services,” which are “to be integrated with the trading platforms offered by its affiliate, the San Juan Mercantile Exchange (SJMX).

2019-4-3 00:47


Coinbase Custody Now Supports Zilliqa (ZIL) Transactions for Deposits and Withdrawals

One of the biggest names in the crypto ecosystem, Coinbase offers custody for cryptocurrency assets for institutions in the form of their custody program, which charges a setup fee of $100,000 and a minimum holding of $10million so you can see it is aimed at banks, hedge funds and other financial institutions who would require […]

2019-3-21 21:56


IBM’s Crypto Presence is Growing with New Tools for Banks and Custodians with Shuttle Holdings

IBM is a major tech giant, and they have been continually interested in the application of blockchain technology for quite some time. Now, a New York investment firm named Shuttle Holdings will be launching a custody solution for digital assets in the beta version, which is entirely built on the private cloud and encryption tech […]

2019-3-13 01:29


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Why Cryptocurrency Custody Solutions Are on the Rise

The last six months has witnessed significant growth in the number of businesses and banks launching cryptocurrency custodial services. These solutions give institutional investors peace of mind that their assets are secure, insured, and under the care of a trusted third party, freeing them from responsibility for safeguarding their cryptocurrency.

2019-1-22 19:47