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Crypto custody services

US Federal Reserve Board Issues Policy Statement That Limits Banks’ Crypto Related Activities

US Federal Reserve Board Issues Policy Statement That Limits Banks’ Crypto Related ActivitiesThe United States Federal Reserve Board said on Jan. 27 that both insured and uninsured banks will be subjected to limits on certain activities including those that are associated with crypto assets. The board’s latest action does not preclude a state member bank or prospective applicant from providing crypto-assets safekeeping services. Limiting Regulatory Arbitrage The […]

Fintech Company Tecban Pilots Tokenization Platform for Brazil’s Drex CBDC

Fireblocks to Acquire Crypto Payment Platform for a Reported $100 Million

Fireblocks to Acquire Crypto Payment Platform for a Reported 0 MillionDigital asset custody service provider Fireblocks has announced it will acquire First Digital, a fellow Israeli company, for $100 million. The acquisition, which is said to be Fireblocks’ first, comes less than three weeks after the company revealed it raised $550 million in Series E funding. Fireblocks’ $8 Billion Valuation Fireblocks, a digital asset custody […]

Fintech Company Tecban Pilots Tokenization Platform for Brazil’s Drex CBDC

Texas Announces State-Chartered Banks Can Provide Cryptocurrency Custody Services

Texas Announces State-Chartered Banks Can Provide Cryptocurrency Custody ServicesThe 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 […]

Fintech Company Tecban Pilots Tokenization Platform for Brazil’s Drex CBDC

Co-Founder of South Africa’s Crypto Index Fund Reveals the Plan to Launch Country’s First Bitcoin ETF

Co-Founder of South Africa’s Crypto Index Fund Reveals the Plan to Launch Country’s First Bitcoin ETFEarle Loxton, the cofounder of EC10 (formerly DCX Capital) the institution behind the South African crypto index fund, says plans are afoot to launch the country’s first exchange-traded fund (ETF). The ETF is expected to offer South African institutional investors an indirect way of getting exposure to bitcoin. According to Loxton, an application for this […]

Fintech Company Tecban Pilots Tokenization Platform for Brazil’s Drex CBDC