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In today’s edition of The Daily, we cover a number of stories that show how the cryptocurrency ecosystem is evolving to become more inviting to institutional investors. Bittrex exchange opens an OTC trading desk, Bakkt “acquihires” a futures compliance team, and Swiss investment bank Vontobel launches a custody solution. Also Read: Bitwise Asset Management Files … Read more
G4S (LSE: GFS), a security services provider with operations in more than 90 countries, guards everything from cash transfers to nuclear power plants and prisons. The London-headquartered company has now started to offer cryptocurrency protection, according to a recent report. Also Read: Majority of Crypto Assets Are Highly Centralized, Research Finds Secure Vault Storage The … Read more
Even though most banks around the world have taken a negative stance on Bitcoin, some smaller institutions are doing the exact opposite. There is no real reason for any bank to oppose cryptocurrencies, even though it may seem like the “safer” option. VersaBank, one of Canada’s smaller banks, is currently in the process of developing a digital vault service … Read more
