Coinbase Custody Obtains Two Major Security Evaluations
Coinbase Custody, the custody arm of crypto exchange Coinbase, has obtained SOC 1 Type 2 and SOC 2 Type 2 security reports Go to Source Powered by WPeMatico
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Bitgo to Offer Regulated Crypto Custody in Switzerland and Germany
European crypto exchanges, as well as other companies with significant crypto holdings they need to protect, now have another option for cold storing their digital fortune. Bitgo is expanding out of the U.S. and into Europe with two new companies in Switzerland and Germany. Also Read: German Fintechs Rush to Offer Crypto Custody Services Under … Read more
Coinbase Launches International Cryptocurrency Custody Arm
Coinbase, a major American cryptocurrency exchange, launched its custody service internationally by creating a new firm based in Ireland Go to Source Powered by WPeMatico
Korean Presidential Committee Pushes to Make Cryptocurrency Mainstream
A South Korean committee directly under the president has recommended several measures to the government that will make cryptocurrency mainstream. Emphasizing that “it is no longer possible to stop crypto asset trade,” the committee recommends integrating crypto into the country’s financial system, allowing financial institutions to directly offer a range of crypto products, including derivatives, … Read more
Fidelity Launching Crypto Services in Europe, Citing ‘Significant Interest’
Fidelity Investments is expanding its crypto services to European clients after seeing increasing potential in this market. The expansion builds upon the company’s U.S. crypto business. “We’ve seen significant interest and engagement by the institutional community, which show no signs of slowing,” the company revealed. Also read: Regulatory Roundup – Crypto ‘Inevitable’ in India, China … Read more
German Fintechs Rush to Offer Crypto Custody Services Under New Law
Fintech companies in the Federal Republic are quickly moving to develop and offer custodial solutions for digital assets under the new German legislation that will allow banks to store, transfer and trade cryptocurrencies next year. Berlin-based Solarisbank has established a subsidiary that will focus exclusively on the niche. The new entity and another German startup, … Read more
Fidelity Digital Asset Services Now Authorized to Operate Crypto Custody Platform
The New York State Department of Financial Services has authorized Fidelity Digital Asset Services to run a crypto custody platform Go to Source Powered by WPeMatico
Fidelity Investments Fully Rolls Out Crypto Custody Service, Exec Says
Fidelity Investments is fully rolling out its crypto custody business, according to the firm’s CEO Go to Source Powered by WPeMatico
Swiss Banks Team With Fintechs to Enter the Crypto Space
Multiple joint projects between banks and crypto companies based in Switzerland now offer customers the opportunity to invest in digital assets and take advantage of banking services related to cryptocurrencies. It’s all happening in a regulated environment, generally friendly towards the growing crypto industry. The latest partnership between a traditional institution and a fintech startup … Read more
US SEC Solicits Feedback on Crypto Assets and Custody Rules
The US SEC is soliciting industry input as it potentially reconsiders existing custody rules for investment advisers in certain cases of crypto trading and settlement Go to Source Powered by WPeMatico