Over 40 German banks express interest in crypto custody

Germany's Federal Financial Supervisory Authority [BaFin] reportedly received over 40 expressions of interest from banks for the issuance of a cryptocurrency custody services license. The report stateThe post Over 40 German banks express interest in crypto custody appeared first on AMBCrypto.

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Bitcoin as a Savings Technology: Are Interest Accounts Worth the Trade-Offs?

Is interest worth custody?

The post Bitcoin as a Savings Technology: Are Interest Accounts Worth the Trade-Offs? appeared first on Bitcoin Magazine.

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Institutional Cryptocurrency Interest Is Booming, Regulations Need to Catch Up

With new custody and trading services reflecting growing institutional cryptocurrency interest, the world’s unclear regulations remain an obstacle. The post Institutional Cryptocurrency Interest Is Booming, Regulations Need to Catch Up appeared first on Bitcoin Magazine.

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BlockFi Adds Gemini Dollar Stablecoin Support

Crypto lender BlockFi is rolling out support for the gemini dollar (GUSD) stablecoin, claiming an expected initial annual percentage yield (APY) of 6. 2 percent for non-U.

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Adamant Capital: BTC Price Bottom Is Likely In, Accumulation Phase Has Begun

Bitcoin fund Adamant Capital is convinced that the bottom of the bear market is in, and true to its name, the firm has laid out an unwavering case for this position with some persuasive hard data and fundamental analysis.

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Bitcoin Trader Sentenced to Two-Year Prison Term

Bitcoin trader Jacob Burrell Campos was sentenced on April 8, 2019, to serve a two-year prison sentence and to forfeit more than $800,000 “for operating an unlicensed money transmitting business.

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In Plain English: SEC Publishes Guidance on Tokens as Securities

The U. S. Securities and Exchange Commission (SEC) has published an investment contract framework for digital assets, which is intended to give crypto companies guidance as to whether a cryptocurrency is a security.

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Coinbase Custody Launches Block Staking Program for Tezos

Coinbase Custody’s 60 institutional clients, who currently store around $600 million on the platform, will be able to stake or “bake” Tezos (XTZ). Staking or baking dividends are akin to interest in the regular world.

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Institutional Investors Can Earn Interest on Tezos Through Coinbase Custody

Previously, institutional investors did not stake their cryptocurrency or participate in governance because of the need to use crypto-custodians. Coinbase Custody is changing that with support for Tezos staking and MakerDAO governance for its institutional clients.

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Biggest US Exchange Will Pay Institutional Investors Interest on ‘Staked’ Cryptocurrencies

Bitcoin exchange giant Coinbase is introducing a new space for investing by launching a program that offers institutional investors the option to earn interest on specific cryptocurrencies they hold.

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Vo1t announces Prime Account for interest bearing cryptocurrency deposits

CryptoNinjas Vo1t, a provider of military class cold storage custody on digital assets for institutions, with insurance protection on deposits from AON, announced today a no-fee cold storage account with a 3% yield on supported assets Bitcoin, Ether, Litecoin, Ether Classic, Bitcoin Cash.

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After Denying Crypto Space Activity in 2018, Barclays Continues Crypto Trading and Custody Pursuit

The crypto ecosystem continues to be a point of interest for a growing number of banks. The appeal of offering a crypto asset brings two separate sectors of the financial industry together, and this innovation is just the start.

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Bitcoin Price Analysis: BTC at $4,500 Not an Impossibility

Bitcoin Price up 1. 8 percent, double-bar bull reversal pattern prints Fidelity Investment custodial services set for March Transactional volumes expected to rise in days ahead Three months after announcing their interest in crypto, Fidelity Investment will set out and roll out Bitcoin custody in three months.

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After $4M Funding Round, BlockFi Eyes Savings Account, Crypto Credit Cards

BlockFihttps://bitcoinmagazine. com/articles/blockfi-gives-hodlers-another-option-borrow-against-crypto-assets/, the New York-based startup that provides crypto collateralized loans, has raised additional funds to expand its services.

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State Street, The World’s Largest Custodian, Says Their Clients “Have a Very High Level of Interest” in Crypto Custody

State Street, the second oldest U.S. bank at 226 years old and the world’s largest custodian with management of… The post State Street, The World’s Largest Custodian, Says Their Clients “Have a Very High Level of Interest” in Crypto Custody appeared first on Invest In Blockchain.

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Banking Giant State Street Acknowledges Clients’ High Interest for Crypto Custody

CoinSpeaker Banking Giant State Street Acknowledges Clients’ High Interest for Crypto Custody One the world largest institutional custodians on the planet, State Street, said that a good part of its clients “have a very high level of interest” in the cryptocurrency markets.

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Fidelity Considers Expansion of Digital Asset Trading: “There is Demand for the Next Four or Five in Rank of Market Cap”

Fidelity Digital Asset Services, LLC has announced its intentions to expand its crypto custody and trading services platform for enterprise clients in a decision that signals the firm’s growing interest in the economic utility of this emerging market.

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Goldman Sachs Sees Increased Client Interest in Crypto Custody Services

After it began signing up clients for its upcoming crypto trading desk Goldman Sachs, one of the world’s largest… The post Goldman Sachs Sees Increased Client Interest in Crypto Custody Services appeared first on Invest In Blockchain.

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New Cryptocurrency-Based ETP Arrives in Switzerland

Amun AG, a startup in Zug, Switzerland, has received a license from Swiss authorities to offer a new cryptocurrency exchange-traded product (ETP). An ETP is a blanket term to denote a security that derives its price from an underlying asset (e.

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“We Did This With Gold”: Could VanEck Be Bitcoin’s Best Bet for an ETF?

Gabor Gurbacs is confident that the approval of a bitcoin exchange traded fund (ETF) is inevitable. And he’s optimistic that the VanEck SolidX Bitcoin Strategy will be the first to deliver one to the world.

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Unchained Capital Revamps Loans With Multi-Party, Multi-Sig Storage

Blockchain financial service company Unchained Capital will now offer multi-signature and multi-institution cold storage solutions for borrowers who leverage its crypto-collateralized loans service.

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BlockFi Announces Global Expansion of Its Crypto-Backed Loan Services

Galaxy Capital–backed BlockFiis taking its loan services to the global stage. According to a statement shared with Bitcoin Magazine, the platform is expanding its services to an international audience.

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A Year After Launch, BTCPay Has Grown Larger Than Its Creator Expected

First hinting at his project in a reply to a BitPay tweet on August 2017, Nicolas Dorier boldly claimed that BTCPay would make one of crypto’s most popular payment processors obsolete.

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PwC and Cred Partner to Develop Cryptocurrency Trading Technology

Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.

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PwC and Cred Partner to Promote Cryptocurrency Trading Technology

Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.

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Op Ed: Why Is There So Much Talk About a Bitcoin ETF?

An exchange-traded bitcoin fund (ETF) would signal greater acceptance of bitcoin as a mainstreet investment, while also making it much easier for both institutional and retail investors to get involved.

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Coinbase Eyes ETF With Help From BlackRock: Business Insider Report

In an effort to expand its institutional services, Coinbase is joining an industry chase for the ever-elusive bitcoin exchange traded fund (ETF). As reported by Business Insider, the cryptocurrency exchange provider has been liaising with BlackRock, a U.

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Goldman Sachs Postpones Launch of Bitcoin Trading Desk

Emerging regulations and increasing investor interest have drawn Wall Street into the cryptocurrency sector, and with a custody offering already in the works, investment bank Goldman Sachs is holding off on launching a Bitcoin trading desk.

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Goldman Sachs Puts Plans for a Crypto Trading Desk on Backburner (Updated)

Update (September 7): Goldman Sach’s CFO Martin Chavez has since called reports of dropping the bitcoin trading desk “fake news. ” (The original Business Insider report quoted unnamed sources as the basis of the information.

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Goldman Sachs Puts Plans for a Crypto Trading Desk on Backburner

Goldman Sachs is struggling to find a way to trade bitcoin. The financial services giant has scratched its plans to open a desk for trading cryptocurrencies, at least for the near term, according to a Business Insider report on September 5, 2018.

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Goldman Sachs Drops Plans To Establish Crypto Trading Desk

Goldman Steps Away From Trading Desk Plans, Still Intends To Create A Custody Service Institutional investment has long been hailed as the future of this industry, as optimists claim that the interest of Wall Street firms will drive the growth of this early-stage market.

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Wall Street Demand For Crypto Rises as Exchange Activity Thrives in Bear Market

The interest of Wall Street firms towards opportunities in crypto custody and asset management has continued to increase despite the 80 percent correction the market experienced in 2018. Sanford C.

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U.S. Investors Can Now Buy a Bitcoin Exchange-Traded Note

American investors can now invest in bitcoin Exchange Traded Funds (ETF) through an Exchange-Traded Note (ETN) called Bitcoin Tracker One on the Nasdaq Stockholm Exchange in Sweden, per a Bloomberg report.

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Goldman Sachs Could Have a Crypto Custody Service in the Works

One of the world’s largest investment banks may soon bring cryptocurrencies into its trillion-dollar investment fold. Goldman Sachs is allegedly devising a cryptocurrency custody service, individuals familiar with the matter told Bloomberg.

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Influx of Positive Developments for Coinbase is Bullish for Crypto

One of the world’s largest cryptocurrency platform has had a stellar week, as positive news floods in regarding the platform’s expansive development plans. Coinbase’s Custody Service Secures The Business Of A $20 Billion Hedge Fund Institutional investment seems to be all the rage in cryptocurrency circles, with many citing this form of interest and investment.

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Crypto Week in Review: Institutional Investment Still a Hot Topic Amidst Low Exchange Volumes

Prospects for the cryptocurrency industry are beginning to look up, with prices marginally increasing throughout the week. But are the bulls really back? Institutional Investment Sees Interest Continue Discussion regarding institutional interest has continued, with this prior week seeing a variety of news pieces regarding the growing number of institutional entry points.

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Coinbase Custody Notes Initial Interest From Hedge Funds and Family Offices

It would appear Coinbase’s custody service is already attracting a lot of positive attention. More specifically, the new custodial service piqued the interest of at least 10 hedge funds and family offices.

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Crypto Custodian Services Will Usher in Institutional Investors & Trading

In the future, with the implementations of new custody solutions, the market may see an increased influx of big funds and capital, driving prices up. At the moment, this is one of the most important factors that could affect the virtual currency market in a positive way.

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Castro issues quickly disappear, allowing big money to flood the Kirby market

The Three Crypto Evils: Custody, Regulations, and Trading Big financial institutions’ interest in participating in the cryptocurrency market continues to grow. Nevertheless, several obstacles remain, impeding big investment institutions from pouring big money into the crypto market.

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Custody Issues Will Soon Disappear, Allowing Big Money to Flood the Crypto Market

Instruments such as the Namoura Consortium might soon solve the issue of custody, the main obstacle that has been hindering the flow of institutional money into the crypto market. The Three Crypto Evils: Custody, Regulations, and Trading Big financial institutions’ interest in participating in the cryptocurrency market continues to grow.

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Coinbase Will Add GBP Support to Ease Withdrawals in UK

The Coinbase UK CEO has confirmed that support for GBP withdrawals and deposits will be rolled out over the next few weeks. In an interview with NewsBTC, he also said that Coinbase Custody has had a ‘lot of interest’ and that they have had to restrict how many investors they can take on.

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Exclusive: Coinbase Will Add GBP Support to Ease Withdrawals in UK

The Coinbase UK CEO has confirmed that support for GBP withdrawals and deposits will be rolled out over the next few weeks. In an interview with NewsBTC, he also said that Coinbase Custody has had a ‘lot of interest’ and that they have had to restrict how many investors they can take on.

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