custody

Fidelity Launching Crypto Services in Europe, Citing ‘Significant Interest’

Fidelity Investments is expanding its crypto services to European clients after seeing increasing potential in this market. The expansion builds upon the company’s U.S. crypto business. “We’ve seen significant interest and engagement by the institutional community, which show no signs of slowing,” the company revealed. Also read: Regulatory Roundup – Crypto ‘Inevitable’ in India, China...
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Report: Major Dutch Bank ING Building Crypto Custody Tech

Powerhouse Dutch bank and financial services firm ING is one of the largest banks in the world. Where it goes, peers and smaller companies are likely to follow. That’s why major intrigue came along with a new report from Reuters last week, wherein the outlet said discussions with anonymous ING insiders pegged the influential financial...
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German Fintechs Rush to Offer Crypto Custody Services Under New Law

Fintech companies in the Federal Republic are quickly moving to develop and offer custodial solutions for digital assets under the new German legislation that will allow banks to store, transfer and trade cryptocurrencies next year. Berlin-based Solarisbank has established a subsidiary that will focus exclusively on the niche. The new entity and another German startup,...
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Dutch ING Bank is Building a Custodial Solution for Digital Assets

More and more banks will expose their clients to cryptocurrencies. ING is no different, as it too is working on custodial services for digital assets. This news isn’t entirely surprising, as banks continue to struggle to turn a profit. A new Plan for ING Bank Introducing new products and services is the only way forward...
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Switzerland Launches the First Crypto Bank SEBA

Switzerland’s first crypto bank SEBA is now operational, offering a variety of services to close the gap between crypto space and traditional banking. The bank’s crypto wing will offer various services including financing, trading, asset management, and custody. Besides, the bank launched a wallet app, e-banking, and card products that will enable customers to switch...
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Bakkt Opens Its Bitcoin Custody Warehouse to “All Institutions”

Intercontinental Exchange (ICE) owns and operates some of the largest exchanges around the globe, including the New York Stock Exchange. Now, its bitcoin arm Bakkt has opened the doors of its custody services to all the institutions of the world. In operating as a limited liability trust company in New York, Bakkt announced the pivot...
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Bakkt Opens Bitcoin Custody to All Institutions, Futures on Track for New ATH

The Bakkt platform has just announced that it will now allow any institutions to use its Bitcoin custody solution. Previously, only those trading the platform’s Bitcoin futures contracts had access to the Bakkt Warehouse.The news comes as Bakkt futures look on track to set another all-time high. After a rather dismal start to trading on...
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Bakkt Bitcoin Custody Now Available to all Institutional Clients

Bakkt joins the field of institutional-grade bitcoin custody service providers after obtaining approval from regulators in New York. Meanwhile, the Bitcoin futures product launched by the Intercontinental Exchange (ICE) subsidiary continues to set new records. Bakkt Warehouse Obtains NYDFS Green Light Bakkt COO Adam White announced the news via a blog post published on Monday...
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Bitcoin Miner Maker CEO Held Into Custody Over IP Allegations

The price of the most dominant cryptocurrency, Bitcoin (BTC), lost its support at $9,000 on November 8 after several days of downward action which triggered the markets to make a decisive move. According to the charts, Bitcoin falls $9,000 for a first time this month but traders know that this is a major psychological level...
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Bitcoin Price Can Target $10K After Bakkt Custody Launch: Novogratz

A major Bitcoin proponent is hoping the current price downturn will not take it under $6500 – and that new institutional investors will trigger a U-turn. Novogratz: Custody Should Fuel Bitcoin Comeback In an interview with CNBC on October 24, serial investor Mike Novogratz weighed the options for where Bitcoin was heading.  The largest cryptocurrency...
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Anchorage’s Maker Voting System To Give Institutions Say On Stability Fees

Decentralized governance has faced a series of teething problems: hackers can exploit loopholes in the codebase; community agendas can be hijacked by a vocal minority of trolls and spammers; many on-chain initiatives suffer from rock bottom voter turnouts. But with the news institutional custodial provider Anchorage is launching its own on-chain voting solution for Maker...
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Swiss Banks Team With Fintechs to Enter the Crypto Space

Multiple joint projects between banks and crypto companies based in Switzerland now offer customers the opportunity to invest in digital assets and take advantage of banking services related to cryptocurrencies. It’s all happening in a regulated environment, generally friendly towards the growing crypto industry. The latest partnership between a traditional institution and a fintech startup...
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With 100 Percent Asset Insurance, Bitcoin Custody Solution Appeals for Trust

A newcomer to the Bitcoin investment services scene is offering two-for-one protection in the form of custody and fully-backed insurance. KNØX — a dual-nod to the mystic U.S. military base Fort Knox and (as evidenced by the value Ø) the hexadecimal literals used in coding — launched its custody solution today, September 24, 2019. This custody...
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Major Middle Eastern Bank’s Swiss Subsidiary Offering Bitcoin Services

Arab Bank (Switzerland), a subsidiary of major financial services provider Arab Bank, is opening up full brokerage and custody services for Bitcoin and Ethereum. Originally founded in 1930, Arab Bank is the largest financial institution in the Middle East, and the first one to open serious economic ties with Europe and the world at large...
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Bitcoin Soaring? Thank A Third-Party Custody Provider

Bitcoin is rising yet again, as the largest digital asset consolidates above $10,000. While it’s common to attribute bull runs to institutional money, Chinese tariffs or inverted yield curves, this year’s rise could have been triggered by an unexpected catalyst: third party custodians. By introducing sophisticated storage solutions, these companies are paving the way for...
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