DZ Bank, third-largest German bank, to start crypto custody for institutional investors

DZ Bank AG launches its own digital assets custody platform, built on blockchain.

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Deutsche Bank applies for digital asset custody license in Germany

Investment bank Deutsche Bank AG has applied to provide cryptocurrency custody services in Germany, per a June 20 Bloomberg report. Deutsche Bank’s head of commercial banking unit, David Lynne, reportedly confirmed the bank’s application during a conference on Tuesday, saying: “We’re building out our digital assets and custody business.

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America’s oldest bank to launch institutional crypto custody service

The Bank of New York Mellon Corporation, better known as BNY Mellon, is reportedly gearing up to become “the first [bank] to enter the global digital custody space” later this year. The post America’s oldest bank to launch institutional crypto custody service appeared first on CryptoSlate.

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5th Largest US Bank Is Setting Up Bitcoin Custody, With Other Cryptocurrencies to be Supported Soon

US Bancorp (US Bank) has launched a cryptocurrency custody service for institutional investment managers with private funds in the U. S. or Cayman Islands. The fifth-largest US bank has more than $8.

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Fifth-largest U.S. Retail Bank To Launch Bitcoin Custody Services

Today, the fifth biggest retail bank in the nation, U.S. Bank, is expected to announce that its Bitcoin custody services are available to fund managers.

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Third major Korean bank joins digital asset custody market

Woori Bank has followed the lead of KB Kookmin Bank and Shinhan Bank by…

The post Third major Korean bank joins digital asset custody market appeared first on Coin Journal.

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America’s Fifth-Largest Banking Institution US Bank to Offer Cryptocurrency Custody

On April 27, the American bank holding company U. S. Bank revealed in a blog post that the financial institution plans to offer cryptocurrency custody services. The bank’s chief strategy officer for U.

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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, […]

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Bank of America Files Patent for Cryptocurrency Custody System

The Bank of America Corporation has filed with the U. S. Patent and Trademarks Office for a secure means for the storage and custody of cryptocurrencies. The filing describes a system for recording and storing data pertaining to cryptocurrency transactions designed for enterprises.

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U.S. Investors Can Now Buy a Bitcoin Exchange-Traded Note

American investors can now invest in bitcoin Exchange Traded Funds (ETF) through an Exchange-Traded Note (ETN) called Bitcoin Tracker One on the Nasdaq Stockholm Exchange in Sweden, per a Bloomberg report.

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State Street Insiders Split Over Key Blockchain Use Case

The global custody bank's tech and product teams are keen to transform securities lending into a peer-to-peer market, but not all are on board.

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Goldman Sachs Explores Custody Offering for Crypto Funds

Earlier this year, Goldman Sachs confirmed plans to launch a Bitcoin futures trading desk to meet rising client demand. On Aug. 6, the leading investment bank announced that it is considering offering custodial services for cryptocurrency funds.

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Goldman Sachs Considers Offering Cryptocurrency Custody Services

New York-based multinational investment bank Goldman Sachs is making another step forward in its bet on the cryptocurrency market. The firm, led by chairman and CEO Lloyd Blankfein, is reportedly considering a plan to offer custody for cryptocurrency funds.

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Goldman Sachs Reveals “Crypto Asset Offering” Plans and Possible Bitcoin Custody Service

Goldman Sachs Reveals Plan to Offer Crypto-Backed Futures Multinational investment bank, Goldman Sachs makes headlines, as an announcement made back in May has recently resurfaced, and it appears that the giant will be working towards offering Bitcoin futures.

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Northern Trusts are doing their part to aid in cryptocurrency investments

U.S.-based custody bank Northern Trust is helping traditional “mainstream” hedge funds expand into cryptocurrencies, Forbes reported Tuesday. Northern Trust’s president, Pete Cherecwich, told the news organization that the financial services firm is working with three hedge funds – whose names he declined to provide – to add cryptocurrency investments to their portfolios. To that end, Northern Trust

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Northern Trust Is Helping Hedge Funds Invest in Cryptocurrencies

U.S.-based custody bank Northern Trust is helping traditional "mainstream" hedge funds expand into cryptocurrencies, says Forbes.

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China breaks up underground $1.5 billion World Cup crypto-gambling ring

In a first for China, an illegal World Cup gambling ring has been busted holding more than $1. 5 billion in live bets – all in cryptocurrencies. Six major suspects are in custody. Nestled in a southern Guangdong province, the syndicate is reported to have themselves been sitting on $1.

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BitUN Blockchain Bank And Bitrabbit Exchange Announce Cooperation

Two leading blockchain technology players, BitUN and Bitrabbit have entered into a strategic cooperation agreement. The agreement will see both parties conduct long-term and in-depth cooperation on various aspects such as funds custody, funds settlement and user system to fully integrate the superior resources of technologies, products and services to provide the most secure and […]

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Op Ed: Venmo Offers the Ultimate Cryptocurrency Experience

Venmo could be the ultimate cryptocurrency experience from a user-experience perspective. Any cryptocurrency that seeks to power the future of global transactions must ensure that it is supported by a payment system that is simple, user-friendly and free — like Venmo.

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