U.S. banking powerhouse Goldman Sachs has issued a request for information (RFI) to explore digital asset custody, according to a source inside the bank. When asked about timing, the Goldman…
Continue ReadingCrypto custodian Anchorage has secured conditional approval for a national trust charter from the U.S. Office of the Comptroller of the Currency (OCC), making it the first national “digital asset…
Continue ReadingA major commercial bank in South Korea is entering the crypto business by allocating an equity investment in the Korea Digital Asset Trust (KDAC). Shinhan Bank is looking to offer…
Continue ReadingThe U.S. Securities and Exchange Commission (SEC) is showing signs it might budge on letting crypto custodians become regulated broker-dealers specifically for digital assets. The Commission announced Wednesday that it…
Continue ReadingTraditional banks are now taking the plunge and coming out with crypto-related services. The shift coincides with bitcoin’s price hitting all-time highs in December. Banks may have been looking closely…
Continue ReadingBanca Generali, a subsidiary of Italy’s largest insurer, is leading a $14 million investment round in Conio, a crypto wallet provider popular in Italy. A commercial distribution agreement to start…
Continue ReadingHistorian Niall Ferguson Says Bitcoin Is Winning the Covid-19 Monetary Revolution Historian and senior fellow with the Hoover Institution at Stanford University, Niall Ferguson says bitcoin is winning the Covid-19…
Continue ReadingAnother big bank edging closer to a crypto custody offering, Netherlands-based ING, spoke publicly for the first time this week about about its preliminary trials with digital assets. Speaking at…
Continue ReadingBitGo has added capital introduction (cap intro) services, a kind of marketing activity carried out among hedge fund investors, to its suite of white-glove crypto brokerage services. Through a series…
Continue ReadingFireblocks has closed a $30 million Series B funding round to serve more of the crypto sector’s biggest trading firms. The funding round was led by Paradigm and joined by…
Continue ReadingActing Comptroller of the Currency Brian Brooks — soon to be confirmed in the role full time — has revealed another way for U.S. crypto custody providers to receive a…
Continue ReadingStealth-mode crypto custody specialist Shard X has claimed a breakthrough, being the first company to successfully run math-heavy, multi-party computation (MPC) on hardware security modules (HSMs). So why does this…
Continue ReadingSeveral U.S. lawmakers are displeased by the Office of the Comptroller of the Currency and its focus on crypto and fintech during a pandemic-caused recession. Six members of Congress faulted…
Continue ReadingCrypto services provider Anchorage said it received third-party certification that the controls supporting its financial reporting and operations are adequately secure. The SOC 1 Type 1 report is granted after…
Continue ReadingCryptocurrency custody platform Casa’s users can now purchase bitcoin (BTC) on the platform using their bank account. The platform announced on Thursday that it is currently rolling out the service…
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