Tag: Custody

British police partner with Komainu to custody confiscated crypto-assets

British police partner with Komainu to custody confiscated crypto-assets

A custody firm established by Nomura, CoinShares and Ledger has won a bid to safeguard cryptocurrency confiscated by British police. The Derbyshire Constabulary, on behalf of the National Police Chiefs’ Council Cybercrime Programme, has partnered with Komainu – the crypto custodian which won a licence from Jersey regulators in November 2019. Komainu will store confiscated […]

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Examining the STABLE Act Proposal, Part II

Examining the STABLE Act Proposal, Part II

Quick Take A controversial legislative proposal for the Stablecoin Tethering and Bank Licensing Enforcement (STABLE) Act was recently announced by members of Congress, which could have extensive implications for digital assets if the bill were signed into law.  Our two-part series examines the STABLE Act Discussion Draft, those endorsing the potential legislation, reactions from the […]

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Fiat Freeway: Anchorage Receives OCC Approval to Become a Federally Chartered Bank and Brian P. Brooks Steps Down From the OCC

Fiat Freeway: Anchorage Receives OCC Approval to Become a Federally Chartered Bank and Brian P. Brooks Steps Down From the OCC

Quick Take ‘Fiat Freeway’ is a weekly column providing the latest updates on central bank digital currencies (CBDCs) and stablecoins. This week’s column explores Anchorage’s conditional approval from the Office of the Comptroller of the Currency (OCC) for a national trust charter and Brian P. Brooks departs from the OCC. This research piece is available […]

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Coinbase to acquire Bison Trails to compete in the market for infrastructure as a service

Coinbase to acquire Bison Trails to compete in the market for infrastructure as a service

Coinbase is acquiring crypto infrastructure provider Bison Trails in a move that the San Francisco-based exchange-operator says will help it expand into an unsexy but growing corner of the crypto market: infrastructure as a service. Coinbase did not respond to questions pertaining to the financials of the deal, whose transaction value has been speculated to […]

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Crypto custodian Anchorage nabs national bank charter from OCC

Crypto custodian Anchorage nabs national bank charter from OCC

Anchorage has won the race to become the first federally chartered digital asset bank by obtaining a national bank charter from the Office of the Comptroller of the Currency (OCC). The institutional crypto custodian is now on even firmer footing with its designation as a “Qualified Custodian” under the Securities and Exchange Commission’s (SEC) requirements. […]

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Hardware wallet startup Ledger offers bitcoin bounty for information on data attacks

Hardware wallet startup Ledger offers bitcoin bounty for information on data attacks

Ledger, the crypto wallet firm, has put up a bitcoin bounty worth approximately $350,000 for information on the attackers behind a series of data leaks. The company has published a detailed blog post laying out the recent history of leaks and phishing attacks that have compromised the personal information of hundreds of thousands of its […]

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Former Coinbase compliance chief Jeff Horowitz joins BitGo

Former Coinbase compliance chief Jeff Horowitz joins BitGo

Crypto firm BitGo has hired former Coinbase compliance chief Jeff Horowitz as it seeks a trust charter from New York state regulators. Horowitz joined BitGo earlier this month and replaces Matt Parrella, who left the firm in November, according to his LinkedIn. Horowitz will head BitGo’s compliance and risk programs. Last August, BitGo applied for […]

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Examining the STABLE Act Proposal, Part I

Examining the STABLE Act Proposal, Part I

Quick Take A controversial legislative proposal for the Stablecoin Tethering and Bank Licensing Enforcement (STABLE) Act was recently announced by members of Congress, which could have extensive implications for digital assets if the bill were signed into law.  Our two-part series will examine the STABLE Act Discussion Draft, those endorsing the potential legislation, reactions from […]

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Genesis Custody added to FCA’s temporary crypto register

Genesis Custody added to FCA’s temporary crypto register

The custody-focused arm of Genesis, a crypto firm offering services to institutional traders, has been added to the UK regulator’s interim register. Genesis Custody Limited had initially been left off the list of roughly 90 companies, meaning it would have had to cease trading on January 10. The Financial Conduct Authority unveiled its temporary registration […]

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