Tag: custody

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Three Arrows Reprimanded by Singapore, Crypto AUMs at Record Low, N Korean Hackers + More News

Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Three Arrows Reprimanded by Singapore, Crypto AUMs at Record Low, N Korean Hackers + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

Major Japanese Bank Sumitomo Mitsui Trust to Launch Cryptocurrency Custody Business

Sumitomo Mitsui Trust, one of the major banking institutions in Japan, will reportedly enter the cryptocurrency custody business. The company is entering a partnership with Bitbank, a Tokyo-based cryptocurrency exchange, to launch a new company that will focus on offering institutional-grade custody for digital assets and NFTs. Sumitomo Mitsui Trust Bank to Enter Digital…
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Making Sense of the Noise is Necessary for Crypto Adoption

  Marco De Rossi, President and Co-Founder of HAL.xyz, a blockchain data listening and automation platform.__________ Cryptocurrency is strong on self-sovereignty with the term “not your keys, not your coin” a popular maxim when talking about crypto ownership. While owning your private keys may be one step in self-custody, another is understanding what is actually…
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Belgium Introduces Registration for Crypto Exchange and Wallet Service Providers

Authorities in Belgium have obliged providers of some crypto exchange and wallet services to register with the country’s financial watchdog. Targeted platforms that fail to comply with the new regulations will face fines, among other penalties, including prohibition to carry out their respective activities. Financial Regulator Imposes Mandatory Registration for Crypto Exchange Service Providers…
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Another Regulatory Challenge for DeFi, El Salvador Seeks Help from Binance + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: Another Regulatory Challenge for DeFi, El Salvador Seeks Help from Binance + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

State Street’s Crypto Custody, USD 100M DeFi Cake, Binance’s SEPA + More News

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________… Read More: State Street’s Crypto Custody, USD 100M DeFi Cake, Binance’s SEPA + More News  Read more »Pay, Trade, Buy Bitcoin with Credit Card

State Street’s ‘Mega’ Crypto Plan, Hayes Pleads Guilty, Flexpool’s Message to Russia, Pulled NFT Sale + More news

  Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news. __________     ____(Updated at 18:23 UTC with the Regulation news section.)… Read More: State Street’s ‘Mega’ Crypto Plan, Hayes Pleads Guilty, Flexpool’s Message to Russia, Pulled NFT Sale + More news…
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Bank of Spain Approves Its First VASP License

The Bank of Spain, the central bank of the country, has recognized the first cryptocurrency platform that will be able to operate and provide officially approved services in the country. The first exchange to receive this approval was Bit2me, which is now approved to act as a virtual asset service provider (VASP). While this is…
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13 Crypto Exchanges Custody 7% of the Crypto Economy, Coinbase Dominates With $56.2B AUM

As 2022 begins, 13 different cryptocurrency exchange platforms have more than a billion dollars each in digital currencies held in reserves. Between all 13 trading platforms, the group of exchange platforms hold a whopping $165.25 billion worth of bitcoin, ethereum, and tether. 13 Crypto Exchanges Hold a Billion or More in Crypto Equalling Over $165…
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Kraken Set To Let Users Borrow Funds Against Their NFTs

  US crypto exchange Kraken is working on a new functionality which would enable its users to borrow funds against their non-fungible tokens (NFTs), according to the company’s CEO, Jesse Powell. “If you deposit a CryptoPunk on Kraken, we want to be able to reflect the value of that in your account. And if you…
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