BitGo Bags Crypto Custody License in Germany
BitGo confirms that it is delighted that its efforts to secure the new license have finally paid off.
BitGo confirms that it is delighted that its efforts to secure the new license have finally paid off.
Starting from the first quarter of 2024, the crypto custody service will be operated by Zodia Custody – the leading institution-first digital asset custodian by Standard Chartered.
CACEIS Bank is one of the first European banks to obtain the DASP license.
Deutsche Bank’s application for regulatory approval is a positive step toward the development of a regulatory framework for digital asset custody services in Germany.
Ranking as the sixth largest stock exchange in the European Union and second in Germany, Boerse Stuttgart is committed to doubling down on its track record concerning its new crypto service offerings.
The role that Wyoming Deposit & Transfer will play in the custody of assets, both digital and fiat, is billed to support the development of the cryptocurrency ecosystem.
The inside source made assertions that Goldman Sachs is avoiding cryptocurrency brokerage services which are currently being provided by a number of US-based cryptocurrency exchanges including Coinbase, and Gemini amongst others.
Marsh has arranged a $150 million insurance policy from Lloyd’s through Arch. This sum will be used to custody various types of cryptos for users of the Ledger Vault technology platform.
Copper, a company serving as a custodian for digital assets, has processed $500 million in transactions since its launch in June. This is a 50% increase in volumes month-on-month.
Allegedly, Fidelity’s cryptocurrency investment arm filed an application with the New York Department of Financial Service (NYFDS) and if approved the institutional brokerage will be allowed to offer crypto-custodial services in the state.