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BitGo, a California-based digital assets financial services firm is expanding its global presence by launching two new cryptocurrency custodial platforms in Switzerland and Germany. The new custodial companies are aimed at providing BitGo customers with more jurisdictions to choose from, depending on which is most suited for their business, according
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Cold storage custody provider Vo1t is offering clients secure data centers from IBM to hold and encrypt their private keys.The new option, which comes from IBM Hyper Protect, ensures that clients’ keys are safe even if Vo1t’s data centers are compromised. The data center can be installed on-premise or accessed
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BitGo is expanding its institutional cryptocurrency storage service to Europe with the launch of two new entities in Switzerland and Germany.The Palo Alto, California-based firm said Monday that the new custody options will allow clients to choose the jurisdiction that best suits their needs.The Swiss entity, BitGo GmbH, is a
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A new institutional settlement solution that allows clients to trade directly from their custodial accounts has completed its first transaction.Digital asset trading infrastructure provider SettleBit announced this week that it had successfully transferred $100,000 in bitcoin from Prycto Digital to CMT Digital in roughly 10 minutes using a claimed first-of-its-kind
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Coinbase Custody and Bison Trails have joined the ranks of the Proof of Stake Alliance (POSA), a Jan. 30 press release announced. Together with the alliance, they will advocate for the adoption of clear regulations on staking proceeds, as well as other development initiatives.The Proof of Stake Alliance is
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Coinbase Custody and Bison Trails have joined the Proof of Stake Alliance (POSA), a lobbying organization hoping to push regulators to clarify the legal treatment of staking services.Announced Thursday, the lobbying group said having the two companies on board adds weight to its mission of advancing the proof-of-stake (POS) industry.
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Coinbase has launched Coinbase Custody International Inc., a European entity for handling cryptocurrency deposits.Based in Dublin, Ireland, Coinbase said in a blog post that client demand for institutional-grade custodial services drove the move. Separately, a spokesman for the exchange said Coinbase Custody now has $8 billion in assets under custody,
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Financial institutions, regulators and investors are continuing to grapple with the issue of crypto custody. Hearing stories from those who are plugged into these discussions can offer valuable clarity to what lies ahead. The Crypto Finance Conference in the Swiss ski resort of St. Moritz, which is being held
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This post is part of CoinDesk's 2019 Year in Review, a collection of 100 op-eds, interviews and takes on the state of blockchain and the world. Diogo Monica is president and co-founder of Anchorage, crypto’s premier custodian for institutional investors. The last few years have seen the formation of many crypto-focused
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“We believe that all tradable assets will be tokenized in the future,” said Alexis Hamel, managing director of solaris Digital Assets. “solarisBank had proven that the Banking-as-a-Service model works, and with a full German banking license solarisBank is ideally positioned to use the same model for solaris Digital Assets to
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