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Anchorage Becomes the First Digital Bank to Function As a Traditional Bank

Cryptocurrency startup Anchorage Hold LLC has received conditional approval from the US currency control office to become an official federal government bank. Qualified Custodian for Institutional Investors Anchorage, now officially known as the National Association of Anchorage Digital Bank, was the first cryptocurrency company to receive the Bundesbank charter. It is an essential milestone inRead More дальше »

2021-1-14 20:00


Standard Chartered partners with Northern Trust to launch Zodia, a crypto custodian for BTC, XRP, ETH, BCH, LTC

One of the leading International banking groups, Standard Chartered has taken its first step towards cryptocurrency. Its innovation arm, SC Ventures announced a partnership with Northern Trust to launThe post Standard Chartered partners with Northern Trust to launch Zodia, a crypto custodian for BTC, XRP, ETH, BCH, LTC appeared first on AMBCrypto. дальше »

2020-12-9 10:00


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Crypto Retirement: US Investment Firm Launches Employer-Sponsored Bitcoin 401(k) Plan

The U. S. -based company Digital Asset Investment Management (Daim) has announced the launch of a company-sponsored 401(k) retirement plan that allocates up to 10% in bitcoin. The plan is an ERISA compliant employer-sponsored 401(k) and assets are held in institutional-grade cold storage by leveraging the custodian Gemini Trust. дальше »

2020-11-24 13:30


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US SEC Answers to Provide Guidance on Institutional Crypto Custody

The United States Securities Exchange Commission (SEC), one of the main regulators in the country, is looking into which institutions can act as a qualified custodian for clients’ funds a few weeks after the Wyoming Division of Banking issued a no-action letter to a Jackson-based Two Ocean Trust, a charted public trust company, Decrypt reports on Nov 10. дальше »

2020-11-12 16:00


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Why Is PayPal Looking For Crypto Companies To Acquire Just Days After Announcing Support For Bitcoin?

Payments processor PayPal is rumored to be exploring cryptocurrency-centric companies to buy, including crypto custodian BitGo, according to a new report by Bloomberg. This comes just days after PayPal confirmed it is entering the crypto space by launching a crypto buying and selling service for its customers. дальше »

2020-10-26 23:07


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UK’s financial regulator expands AML regulations to all cryptocurrency firms

According to the consultation paper published by the UK’s financial regulator, cryptocurrency firms need to submit an annual report on their problem dealing method. The consultation paper reveals the plan to broaden the annual crime reporting requirements that involves cryptocurrency exchanges and other custodian wallet service providers. дальше »

2020-8-31 01:49