Arkham transfers $487M ARKMs to Coinbase Prime for tax compliance
As the unlocking process progresses, the involvement of Coinbase Custody will play a crucial role in managing the vesting of these tokens. Go to Source
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Kraken Custody expands to UK and Australia markets
Kraken’s expansion of its custody services to the UK and Australia marks its first international venture, catering to institutional clients outside the US. Go to Source
SEC custody rule made crypto regulation a ‘political football’ — Rep. Nickel
The SEC’s proposed crypto custody rule and its “hostility” to the industry isn’t in Joe Biden’s “best interests,” Representative Wiley Nickel told Gary Gensler. Go to Source
US Bank Launches Cryptocurrency Custody Services Amid Strong Demand From Institutional Clients
US Bank has launched its cryptocurrency custody services. “Investor interest in cryptocurrency and demand from our fund services clients have grown strongly over the last few years,” the bank said. US Bank’s Crypto Custody Services Now Live U.S. Bank announced Tuesday that its cryptocurrency custody services are now live and available to its Global Fund … Read more
Texas Announces State-Chartered Banks Can Provide Cryptocurrency Custody Services
The Texas Department of Banking has announced that state-chartered banks can provide cryptocurrency custody services. “The Texas Department of Banking believes that the authority to provide these services with respect to virtual currencies already exists,” the banking authority said. Texas State-Chartered Banks Officially Authorized to Offer Crypto Custody Services The Texas Department of Banking issued … Read more
Italian Insurance Giant Generali Gets Into Bitcoin via Banking Arm, Launching Crypto Custody Service
Banca Generali, the banking arm of Italy’s largest insurance group, has announced that it will be offering cryptocurrency custody service to its customers beginning next year. To achieve this, the bank has acquired a stake in bitcoin wallet provider Conio. Assicurazioni Generali, Banca Generali, and Conio Bitcoin Wallet The banking arm of Italy’s largest insurance … Read more
