Tag: custody

Jun 23 2021

Jun 11 2021

Texas Clarifies That State-Chartered Banks Can Custody Bitcoin

Jun 11 2021 Published at Bitcoin Magazine under tags  banking business custody texas

The Texas Department of Banking issued a notice reaffirming that state- chartered banks can provide bitcoin custody services.The Texas Department of Banking has released a notice affirming that state-chartered banks can offer bitcoin custody solutions to customers, so long as the bank has specific protocols in place...

May 26 2021

PayPal To Add Support For Third-Party Bitcoin Wallet Transfers

May 26 2021 Published at Bitcoin Magazine under tags  business custody paypal venmo

A representative of PayPal has announced that it will allow users to transfer bitcoin from the platform to their own third-party wallets.According to the head of blockchain and cryptocurrency at PayPal, Jose Fernandez da Ponte, the online payments giant will be adding support for transfers of bitcoin off of the platform and to third-party wallets.According to a report from...

Apr 27 2021

Report: Turkey To Establish Custodian Bank For Bitcoin Exchanges

Apr 27 2021 Published at Bitcoin Magazine under tags  custody markets regulation turkey

The Turkish government reportedly plans to serve as a custodian for local cryptocurrency exchanges, potentially holding bitcoin for users.Following the collapse of two local cryptocurrency exchanges and new regulations banning cryptocurrency-based payment services, the Turkish government is now reportedly planning to institute new measures to serve as a custody middleman for cryptocurrency investors.“The...

Apr 22 2021

Olympia Trust, Knox Partner On Bitcoin Custody Service

Olympia Trust Company expects to receive an exclusive Canadian license to use a proprietary bitcoin custody system developed by Knox.Olympia Trust Company, a Canada-based, non-deposit-taking trust company, will soon receive an exclusive Canadian license to use a proprietary bitcoin custody system developed by Knox,...

Apr 08 2021

America’s 2nd Oldest Bank Building Bitcoin Trading Platform

The United States' second-oldest bank, State Street, is just the latest to join the crypto boom. State Street Makes Crypto Play The company's trading technology provider, Currenex, will be providing infrastructure for a new crypto trading platform called...

Mar 22 2021

Bitcoin Wallets For Beginners: From Zero To Self Custody Of KYC-Free BTC

Bitcoin Magazine's "Bitcoin Wallets For Beginners" series covers everything you need to know about obtaining and securing your bitcoin in a safe and private way.This article is designed to explain the importance of self-custody and the dangers of know your customer (KYC) regulations; to demonstrate to Bitcoin beginners how to install, secure and use a Bitcoin wallet; and to explain how to...

Feb 16 2021

Education Is The Best Bitcoin Investment

The tech industry abounds with buzzwords and acronyms that seem, at times, designed to exclude the ordinary user. But “UX” isn’t one of these mere buzzwords. User experience is one of the rare bits of tech shorthand that actually mean something to our customers and clients because everybody knows what bad UX looks like. But sometimes, great UX isn’t all that it seems,...

Education Is The Best Bitcoin Investment

Feb 16 2021 Published at Bitcoin Magazine under tags  casa culture custody private keys ux

Bitcoin service providers must integrate security best practices directly into their user experiences if they are to deliver the revolution.The tech industry abounds with buzzwords and acronyms that...

Feb 11 2021

BNY Mellon Offers Bitcoin Custody, Says Crypto Is “Mainstream”

Feb 11 2021 Published at Crypto Briefing under tags  adoption bank banking bitcoin bny mellon

The oldest bank in the US, BNY Mellon, will offer Bitcoin custody to its clients after stating that digital assets are seeing widespread adoption. BNY Mellon Adopts Bitcoin BNY Mellon works with Bakkt, the crypto futures platform owned by the NYSE operator, to secure crypto assets. On Thursday, the bank...

BNY Mellon Announces Crypto Custody and Spies Integrated Services

Feb 11 2021 Published at CoinDesk under tags  bny mellon business citi custody goldman sachs

The world’s biggest custodian bank beats rivals JPMorgan and Citi to the punch.

Feb 02 2021

These Two Firms Want to Upgrade Crypto Infrastructure for Banks and Exchanges

Feb 02 2021 Published at CoinDesk under tags  business cobalt custody markets metaco

Custody tech provider METACO and forex trading platform Cobalt have teamed up in a bid to rewire the financial system to handle cryptocurrency.

Jan 28 2021

Prime Trust, tZERO Partner on Digital Asset Custody, Trading

Jan 28 2021 Published at CoinDesk under tags  business coinflash custody markets news

The integration will enable Prime Trust to manage the custody of digital securities and cryptocurrencies for its customers using tZERO for trading.

Jan 22 2021

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

Jan 22 2021 Published at CoinDesk under tags  business crime custody komainu news

Komainu will be responsible for providing police across the U.K. with a more "robust" means to store cryptocurrencies.

Jan 21 2021

Nebraska Lawmaker Introduces Bills That Would Permit Banks to Custody Crypto

Jan 21 2021 Published at CoinDesk under tags  coinflash custody legislation nebraska news

Senator Mike Flood hopes to pass the bill in order to make Nebraska a financial technology hub and create new jobs.

Jan 13 2021

BitGo Taps Former Coinbase Exec Jeff Horowitz as Chief Compliance Officer

Jan 13 2021 Published at CoinDesk under tags  bitgo business coinbase compliance custody

Jeff Horowitz led Coinbase’s global compliance program until his departure in October.

Jan 07 2021

Institutional Custody Will Challenge Retail-Oriented Crypto

Jan 07 2021 Published at CoinDesk under tags  custody opinion policy & regulation

The bearer nature of digital assets presents challenges to institutions getting into crypto. The need for greater security will likely impact the whole industry.

Dec 21 2020

Puerto Rico-Based FV Bank to Offer Regulated Crypto Custody in the US

Dec 21 2020 Published at CoinDesk under tags  banks business custody fv bank markets

FV Bank says it has received permission from a Puerto Rico banking regulator to provide custody services for bitcoin, ether and more in the U.S.

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