The Daily: Bittrex Opens OTC Desk, Bakkt Acquires Futures Team

The Daily: Bittrex Opens OTC Desk, Bakkt Acquires Futures FirmIn today’s edition of The Daily, we cover a number of stories that show how the cryptocurrency ecosystem is evolving to become more inviting to institutional investors. Bittrex exchange opens an OTC trading desk, Bakkt “acquihires” a futures compliance team, and Swiss investment bank Vontobel launches a custody solution. Also Read: Bitwise Asset Management Files […]

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Security Giant G4S Offers Protected Offline Cryptocurrency Storage

Security Giant G4S Offers Protected Offline Cryptocurrency StorageG4S (LSE: GFS), a security services provider with operations in more than 90 countries, guards everything from cash transfers to nuclear power plants and prisons. The London-headquartered company has now started to offer cryptocurrency protection, according to a recent report. Also Read: Majority of Crypto Assets Are Highly Centralized, Research Finds Secure Vault Storage The […]

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Canada’s VersaBank to Offer Digital Vault Service for Cryptocurrency

TheMerkle VersaBank Vault CryptocurrenciesEven though most banks around the world have taken a negative stance on Bitcoin, some smaller institutions are doing the exact opposite. There is no real reason for any bank to oppose cryptocurrencies, even though it may seem like the “safer” option. VersaBank, one of Canada’s smaller banks, is currently in the process of developing a digital vault service for Bitcoin users. It is a remarkable venture, especially considering that few people were aware this project was under active development. VersaBank Makes an intriguing Decision In a way, it is rather surprising to learn that VersaBank – of all institutions – is pro-Bitcoin. With most of its

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