Crypto Custody
Algorand Gets Cozy With Crypto Custodian Copper
Algorand is looking beyond Copper’s safe-keeping provisions to explore the custodian’s ClearLoop system of instant asset exchange and settlement.
Coinbase Receives Crypto Custody License From German Regulator BaFin
The license will allow Coinbase to continue operating in Germany.
Gemini Acquires Crypto Custody Firm Shard X
The deal is the latest in a string of acquisitions in the crypto custodian sector.
Brian Brooks: 'Bad Idea to Politicize the Banking System'
During a 1:1 discussion at Consensus 2021, former Acting Comptroller of the Currency Brian Brooks, now CEO of Binance.US, emphasized the idea of a bank that is "custodying fine art collections or rare wines gets access to the Fed but a bank that is custodying crypto private keys can’t" has no justification outside of political ideology.
Hester Peirce Says Crypto May Force Faster Modernization at SEC
Speaking at Consensus 2021, SEC Commissioner Hester Peirce noted the agency has work to do modernizing custody rules across the board. She also discussed thinking about each crypto asset as its own thing rather than lumping them together and how guidance from the SEC was intended to help financial advisors understand the nuances surrounding them.
Crypto Custody Firm Fireblocks Has Handled More Than $500B in Assets
The company has seen a 2,023% uptick in transaction volume since last year.
Cryptocurrency Custodian Anchorage Adds Five More DeFi Tokens
In a further sign of "institutional DeFi" momentum, the regulated custodian is adding 1INCH, BNT, CRV, REN and SUSHI.
Are Institutions Storing Their Bitcoin Safely?
A report by global capital markets firm Opimas reveals there is room for improvement in cryptocurrency custody security. Opimas Analyst Suzannah Balluffi discusses the current state of institutional crypto holdings and cautions institutions need services that store their bitcoin more safely.
Revolut's UK Users Can Finally Withdraw Their Bitcoin to Personal Wallets
The neobank has come in for criticism in the past for not allowing users to move their crypto off its platform.
Standard Custody Wins Crypto Custody License From NYDFS
Standard Custody can provide crypto custody services in New York with a new trust charter through the New York Department of Financial Services (NYDFS).
