Cryptocurrency Analysis and News Portal
BitGo Managing Director Joe Bruzzesi told CoinDesk the partnership will involve MetaMask Institutional being integrated with BitGo wallets. He says that’s significant because it “validates the growing appetite for institutional investors to participate in DeFi with the highest level of security possible.” Original Source
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Cryptocurrencies can no longer be classified as a niche sector in light of the tremendous development made. At the moment, the primary worry with this emerging industry seems to be with regulations that define how the technology fits into our present economy. As of now, Thailand’s Securities and Exchange Commission
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The Securities and Exchange Commission (SEC) of Thailand continues introducing new regulations for the cryptocurrency industry, citing investor protection concerns.On Wednesday, the Thai SEC proposed a set of additional regulations related to custody of investors' cryptocurrency holdings held by digital asset business operators. The newly proposed rules refer to custody of
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Paul Tudor was one of the few early hedge fund managers to get lured into Bitcoin. SEC filings have finally revealed he has been using Coinbase and Bakkt. As two of the leading firms in the US, they have become institutional powerhouses.When most institutions make crypto investments, more often than
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U.S. banks are looking at ways to handle crypto adoption in the wake of the Office of the Comptroller of the Currency’s (OCC) July decision to allow banks to provide custody for cryptocurrencies, Acting Comptroller Brian Brooks said in a podcast. That may mean partnering with or purchasing custodians, he said. Source
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Bitcoin Group SE, a prominent member of the European crypto industry, has been preparing to apply for permission to conduct crypto custody
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The Federal Financial Supervisory Authority of Germany, Bafin, has issued guidance to clarify the status of cryptocurrencies and the regulations that apply
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Germany’s Financial Supervisory Authority (BaFin) is clarifying how the country’s new cryptocurrency custody law will apply to firms that operate outside of Germany but still serve the German market.In its latest guidance released in January, the regulator said firms already custodying digital assets for Germans would not be penalized for
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Crypto firms in Germany are getting ready to exist under a new regime. Under a law going into effect Jan. 1 requiring digital asset custodians to be licensed, each company that currently custodies crypto and targets German clients must announce to Germany’s Financial Supervisory Authority (BaFin) its intention to get a
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Fidelity Digital Assets (FDAS) envisions a future where custodians work behind the scenes to store cryptocurrency for other firms’ clients, like supermarkets putting their brands on third-party products. “The way we think about it is, you can build your own infrastructure but that’s really expensive,” Christine Sandler, head of sales and
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