Why custody holds the key to cryptocurrency adoption
The safeguarding of cryptocurrencies by custodian banks is the only way institutional investors can begin their journey with the much-hyped digital assets. So will custodians step up to the plate?
Tag: Bitcoin
June conference season review: Blockchain divergences
Charles Gubert summarises how views on blockchain still diverge across the financial services industry.
Custody
“We’re not going to take over the world on our own”: Coinbase talks custody
Cryptocurrency exchange giant CoinBase is looking to launch its own custody offering in a bid to make trading digital assets just like any other financial product for institutional investors, and part of the platform’s plans involve teaming up with traditional custodian banks.
Brave custodians could be rewarded in crypto market – McKinsey
State Street have previously voiced their interest in providing custody services to crypto assets.
Crypto exchange to launch custody service as State Street mulls entry
State Street said it is considering launching services for hedge funds that have launched crypto funds.
Custody issues top SEC’s concerns over Bitcoin ETFs
The issues raised by the US securities regulator focused largely on investor protection.
EBA calls for clarity on virtual currency regulation
EBA says regulatory status of bitcoin platforms needs to be clearer.