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US SEC Answers to Provide Guidance on Institutional Crypto Custody

The United States Securities Exchange Commission (SEC), one of the main regulators in the country, is looking into which institutions can act as a qualified custodian for clients’ funds a few weeks after the Wyoming Division of Banking issued a no-action letter to a Jackson-based Two Ocean Trust, a charted public trust company, Decrypt reports on Nov 10. дальше »

2020-11-12 16:00


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Why Is PayPal Looking For Crypto Companies To Acquire Just Days After Announcing Support For Bitcoin?

Payments processor PayPal is rumored to be exploring cryptocurrency-centric companies to buy, including crypto custodian BitGo, according to a new report by Bloomberg. This comes just days after PayPal confirmed it is entering the crypto space by launching a crypto buying and selling service for its customers. дальше »

2020-10-26 23:07


Zilliqa blockchain appoints Onchain Custodian for crypto custody services

Zilliqa, the high-performance and high-security blockchain platform, today announced that it has selected Singapore-based crypto custody service Onchain Custodian to secure its network’s assets. In working with the firm, the Zilliqa ecosystem will benefit from institutional-grade security and insured custody services for its ZIL and ZRC-2 tokens. дальше »

2020-7-30 17:09


Crypto Wallet, BitGo, Adds Staking and Custodial Services for Tezos Native Token ‘XTZ’

The California-based crypto custodian, BitGo, has added staking and custodial services for the XTZ token, having confirmed this progress on July 24. XTX, which is the native token for Tezos blockchain, joins other digital assets such as DASH and ALGO, which had already been onboarded by BitGo. All of its tokens are based on a […] дальше »

2020-7-24 22:21


BitGo Launches FATF Travel Rule Compliance Product, Rallying Other VASPs to Adopt

BitGo, a San Francisco domiciled crypto custodian, is extending its API's for clients to append their data in line with the FATF ‘Travel Rule.' This set of regulations came into action back in 2019 under recommendation 16, requiring all Virtual Asset Service Providers (VASP) to comply with the guidelines. Most notably is the aspect of […] дальше »

2020-7-15 22:54


Institutional Grade Crypto Custodial, Copper Technologies, Joins Global Central Bank Think Tank, OMFIF

Institutional-grade crypto custodian, Copper Technologies, joins the Official Monetary and Financial Institutions Forum’s (OMFIF) Digital Monetary Institute (DMI) as a founding member. The non-profit organization launched in May 2020 aiming at formulating economic policy, public investment and central banking ideas for new and improved digital payment instruments. дальше »

2020-6-12 19:49


South Korea May Get A New Crypto Custodian After Largest Bank Files Trademark App

KB Kookmin Bank, the largest bank in South Korea, is preparing to launch its cryptocurrency custody service as soon as possible. As per the local news outlet Digital Today reported on March 27, KB Kookmin Bank filed a KBDAC trademark application in which it referred to the Digital Asset Custody subsidiary it proposed in January, […] дальше »

2020-3-27 18:10


Crypto Custodian BitGo Now Allows Digital Asset Insurance In Excess of $100 Million

Digital asset security company BitGo now allows its customers to increase their insurance limit for crypto that’s stored in special vaults to $100 million and beyond. Back in February 2019, the company introduced the cold storage insurance backed by Lloyd’s, the same insurance that just had its coverage limits lifted. It seems the demand was […] дальше »

2020-3-19 21:42