Custody

Deutsche Bank Quietly Plans to Offer Crypto Custody, Prime Brokerage- CoinDesk

Deutsche Bank Quietly Plans to Offer Crypto Custody, Prime Brokerage- CoinDesk

Deutsche Bank has joined the growing ranks of large financial institutions exploring cryptocurrency custody, with aspirations to offer high-touch services to hedge funds that invest in the asset class. The Deutsche Bank Digital Asset Custody prototype aims to develop “a fully integrated custody platform for institutional clients and their digital assets providing seamless connectivity to …

Deutsche Bank Quietly Plans to Offer Crypto Custody, Prime Brokerage- CoinDesk Read More »

Digital Asset Manager Komainu to Provide Custody of Crypto Seized by UK Police

Digital Asset Manager Komainu to Provide Custody of Crypto Seized by UK Police

Cryptocurrency seized by U.K. police during investigations will now be securely stored by digital asset manager Komainu. Under a new framework service agreement with the Derbyshire Constabulary on behalf of the National Police Chiefs Council (NPCC) Cybercrime Programme, Komainu will be responsible for providing a more “robust” means to store cryptocurrencies seized during investigations across …

Digital Asset Manager Komainu to Provide Custody of Crypto Seized by UK Police Read More »

Standard Chartered teams up with Northern Trust to launch crypto custody business ‘Zodia’

Standard Chartered teams up with Northern Trust to launch crypto custody business ‘Zodia’

SC Ventures, the innovation and ventures arm of Standard Chartered, has partnered with Northern Trust, to launch a crypto custody business. Dubbed Zodia Custody, the new business will launch in London, according to an announcement late Tuesday. Zodia is expected to begin operations next year, pending registration with the U.K. Financial Conduct Authority and other …

Standard Chartered teams up with Northern Trust to launch crypto custody business ‘Zodia’ Read More »

Spanish banking giant BBVA is said to be launching crypto trading and custody services

Spanish banking giant BBVA is said to be launching crypto trading and custody services

BBVA, Spain’s second-largest bank, is reportedly launching cryptocurrency trading and custody services in the coming months. CoinDesk reported the news on Monday, citing “two people familiar with the plans.” BBVA will reportedly offer the services from Switzerland and is awaiting regulatory approvals. “There are still some compliance hurdles so this will not be in December, …

Spanish banking giant BBVA is said to be launching crypto trading and custody services Read More »

Rep. Waters calls on Biden to reverse policies that let banks custody cryptocurrencies and stablecoin reserves

Rep. Waters calls on Biden to reverse policies that let banks custody cryptocurrencies and stablecoin reserves

Congresswoman Maxine Waters has released a wide array of recommended policy changes and approaches to president-elect Joe Biden — a list that includes the rescinding of guidance from the Office of the Comptroller of the Currency focused on banks, cryptocurrencies and stablecoins.  In September, the OCC said that federally chartered banks can hold reserve funds …

Rep. Waters calls on Biden to reverse policies that let banks custody cryptocurrencies and stablecoin reserves Read More »

Singapore’s third-largest bank appears to be building a crypto custody solution

Singapore’s third-largest bank appears to be building a crypto custody solution

United Overseas Bank, Singapore’s third-largest bank by total assets, appears to be developing a crypto custody solution. The bank has opened up a position for “VP — Crypto Security Administrator” to get expert advice on how to design a secure solution for “managing crypto keys.” The job includes managing the installation of a hardware security …

Singapore’s third-largest bank appears to be building a crypto custody solution Read More »

Spanish security giant Prosegur announces institutional-focused crypto custody service

Spanish security giant Prosegur announces institutional-focused crypto custody service

On Wednesday, Prosegur — a Spanish security company founded in the 1970s — announced a new digital asset custody service focused on institutional clients. “Prosegur Crypto combines the highest standards in physical security, an area in which Prosegur is a world leader, with state-of-the-art cryptographic security technologies,” the firm said in a press statement. “Users’ …

Spanish security giant Prosegur announces institutional-focused crypto custody service Read More »

Industry startups cheer the OCC’s crypto custody move, but don’t bet on big banks jumping into bitcoin just yet

Industry startups cheer the OCC’s crypto custody move, but don’t bet on big banks jumping into bitcoin just yet

Quick Take The U.S. Office of the Comptroller of the Currency has opened the door for banks under its regulatory remit to offer crypto custody services. Industry startups cheered the move and pointed to potential business opportunities for the sector. Experts say the real beneficiaries will be small and medium banks — big banks not …

Industry startups cheer the OCC’s crypto custody move, but don’t bet on big banks jumping into bitcoin just yet Read More »

Coinbase Custody is the biggest Tezos staking service, despite charging higher fees

Coinbase Custody is the biggest Tezos staking service, despite charging higher fees

Coinbase Custody is the largest operator of a Tezos staking validator, despite charging higher fees. The firm is staking over 65 million XTZ as of March 30, according to research conducted by The Block’s John Dantoni. Coinbase Custody launched its staking service in April 2019. That equates to more than $110 million at today’s XTZ …

Coinbase Custody is the biggest Tezos staking service, despite charging higher fees Read More »

Scroll to Top