Tagged: digital assets

BitGo Obtains Digital Asset Custody License from BaFin, Germany’s Federal Financial Supervisory Authority

BitGo, the provider of financial services for digital assets, announces that its subsidiary in Germany, BitGo Europe GmbH, has received a crypto custody license from the German Federal Financial Supervisory Authority (BaFin). BitGo has already been storing crypto assets “for its customers since 2019, also… Read More

Milan Velev of Nexo: Blockchain Professional Explains Importance of Security for Crypto Investors, Traders

We recently connected with Milan Velev, Nexo’s Chief Security Officer, who shared key insights with CI regarding the importance of setting standards for crypto platform security. Milan Velev from Nexo explained why crypto investors and traders need to prioritize security. He also commented on their… Read More

Digital Assets: Rising Optimism Leads to Largest Crypto-Asset Inflows in Past 18 Months – CoinShares Report

James Butterfill from CoinShares notes that rising optimism has “prompted largest inflows for 1 & ½ years at $326 million.” The team at CoinShares notes in their weekly update that digital asset investment products reportedly “saw inflows of US$326m, the largest single week of inflows… Read More

Bitcoin Suisse Offers MATIC Staking Along with Trading and Custody Support

Bitcoin Suisse, the Swiss crypto-finance technology pioneer, announced the integration of MATIC, the primary token of the Polygon ecosystem, into its custodial staking services. Bitcoin Suisse’s expanded Polygon offerings now encompass custodial staking, trading, and custody solutions for MATIC. Staking entries are accessible with “a… Read More

Injective DeFi Report: Majority of Crypto Trading Activity Focused on Long-Term Holding Strategy

Injective, the blockchain built for finance, published its DeFi Trader Survey 2023. The research draws from various cryptocurrency trading communities, “aiming to provide a comprehensive understanding of how professionals and amateurs approach cryptocurrency trading, their motivations, and valuable lessons for the wider trading community.” Most… Read More

Coinbase Survey Reveals that Majority of US Consumers Are Not Satisfied with Financial System

Almost no one is “happy” with the nation’s financial system— “only 9% of Americans are satisfied with it, and only 22% think it’s better than any other country’s,” according to an update shared by Coinbase (NASDAQ:COIN). But young people are “especially disillusioned by it,” the… Read More

Digital Assets: Zodia Markets Receives Registration as a VASP in Ireland

Zodia Markets, the Standard Chartered backed digital asset exchange and brokerage platform, announces that it has “received its registration as a Virtual Asset Service Provider (VASP) by the Central Bank of Ireland (CBI).” This follows on from the firm “receiving cryptoasset registration from the UK’s… Read More

Digital Assets: Komainu and Blockdaemon to Strengthen Staking Offering

Komainu, a regulated digital asset custody service provider built by institutions for institutions, announced that it has partnered with Blockdaemon, an institutional-grade blockchain infrastructure company, to further bolster its staking offering. Komainu’s staking service, “launched in early 2022, has seen significant growth, and this partnership… Read More

Binance Appoints Kyrylo Khomiakov to Key Executive Role for Asian Markets

Binance, which is being sued by US regulators for a wide range of issues while also facing major operational challenges globally, announces that Kyrylo Khomiakov, Binance’s Central and Eastern Europe (CEE) General Manager, has been appointed the Regional Head for both the CEE and Central… Read More

Coinbase Alleges that SEC Is Overreaching in Crypto Exchange’s Latest Efforts to Dismiss Lawsuit

Crypto exchange Coinbase (NASDAQ:COIN) is alleging that the US Securities and Exchange Commission (SEC) has overstepped in the firm’s most recent effort to dismiss the ongoing lawsuit. Coinbase’s response to the SEC‘s lawsuit filed earlier this year is that not everything qualifies as a security…. Read More

Coinbase Strengthens Presence in Spain

Following Coinbase’s (NASDAQ:COIN) AML registration with the Bank of Spain last month, the team has welcomed its first hire in the market. Attending the European Blockchain Convention in Barcelona this week, the team says they will be “hosting a launch party to celebrate these recent… Read More

Swiss Mortgage Bank Lenzburg AG Introduces Digital Assets Offering and Crypto-focused Banking

Mortgage Bank Lenzburg has expanded its organizational structure and the Finstar core banking system so that it can now offer services for digital assets. It starts with the custody offer for digital registered securities “from selected partner companies that were issued on the Ethereum blockchain.”… Read More

Fireblocks Appoints Ex- NYDFS Crypto Regulator Peter Marton and Cryptographer Chaitanya Reddy Konda to Lead Compliance Initiatives

Fireblocks, an enterprise platform to manage digital asset operations and build innovative businesses on the blockchain, announces the appointments of Peter Marton, former Deputy Superintendent of Virtual Currency at the New York State Department of Financial Services (NYDFS), and cryptographer, Chaitanya Reddy Konda, who “designed… Read More

Blockchain Adoption: CoinList Survey Provides Insights on How Incentivized Testnets Should Be Implemented

CoinList, the crypto launchpad and exchange that provides access to established crypto assets, recently conducted a survey of over 500 validators and testnet participants in order to gain insight “into their preferences and inform their future initiatives.” Testing crypto products and protocols “requires active community… Read More

Digital Assets: Beluga Acquires Funding to Provide a Platform for Crypto Users to Invest with “Confidence”

Beluga, a platform that onboards and guides new users through their crypto journey, announced a $4M seed round from some of the most well-known crypto and FinTech investors. The investment round was led “by Fin Capital with participation from Anagram, UDHC, Dispersion Capital, Aptos Labs,… Read More

Bundeep Singh Rangar of Fineqia: Blockchain Professional Says Industry Should Focus on Education and Practical Use-Cases

We recently caught up with Bundeep Singh Rangar, the CEO of Fineqia, a digital asset business that builds and targets investments in early and growth-stage technology companies that will be a part of the next generation of the Internet. Publicly listed in Canada (CSE: FNQ)… Read More

Coinbase Strengthens Business Operations in Benelux and Nordic Region

Following the announcement of Ireland as our MiCA entity location, Coinbase (NASDAQ:COIN) are pleased to announce that they are strengthening our presence in Benelux and the Nordics, a key market for Coinbase. This move underscores Coinbase‘s increased commitment to continental Europe. Elke Karskens will reportedly… Read More

Self-Custody of Digital Assets: Ledger CTO Explains How Their Devices Help with Securing Bitcoin Holdings

Charles Guillemet, CTO at Ledger, recently went over various options to implement Bitcoin governance strategies at the institutional level. As explained in a blog post, Ledger devices are extremely useful “for letting users self-custody their Bitcoin.”  Guillemet also comments on what might be useful if… Read More

Digital Asset Firm Copper Integrates Stacks Layer for BTC Protocol, Adding Support for Initiatives Building on Bitcoin

Copper.co, one of the industry’s digital asset custodians, is announcing further growth of integrated blockchains with Stacks, a network that enables the creation of decentralized applications (dApps) and smart contracts on top of the Bitcoin blockchain. Stacks reportedly combines “the strength, security, and capital of… Read More

Binance Expands “Freedom of Money” for European Clients with EUR Fiat Partnerships

Binance has reportedly signed several agreements with new fiat partners for EUR payments, deposits, and withdrawals. According to a blog post from Binance, Users are already migrating to these new services. As explained in the announcement, fiat channels are an important factor in “driving crypto… Read More

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