"We are now working at pace to deliver the legislation to put our final proposals for our regime in place," Afolami said. "Once it goes live, a whole host of crypto asset activities, including operating an exchange, taking custody of customers’ assets and
"By offering crypto-asset custody, we are positioning ourselves with a clear added value for our corporate clients – while ensuring the highest security standards," Stefanie Münz, member of the LBBW board of directors responsible for finance, strategy and operations, said in a press
“We continue to empower new global financial ecosystems, by connecting the global crypto industry,” Oliver Tonkin, BCB's co-founder and CEO, said in the release. “Our collaboration with Ripple, Metaco and IBM Cloud is a paramount step in that direction, as it enables BCB
The first client to use the tool will be a partnership between asset manager DWS, Flow Traders and Galaxy to manage a fully collateralized euro-denominated stablecoin, GK8 said. Source link
The legislation was passed in 2021 with amendments to the Payment Services Act (PS Act), the framework to regulate payment service providers. It was supposed to be enacted in the fourth quarter of 2021, but the MAS made the changes live only on
Marsh, which has over 45,000 staff and is part of professional services giant Marsh McLennan, said the new insurance product will support organizations with digital assets held offline in cold storage, as well other custody solutions such as Multi-Party Computation (MPC), where cryptographic
Just as institutional quant hedge funds carved out strategies that generated hundreds of billions in traditional equity markets, we are seeing a paradigm shift in crypto. The complexity and volatility inherent in digital assets markets, far from deterring institutional investors, present unique opportunities
Looking ahead, “Kraken’s engineering team has built out a smart order routing tool that provides access to highly liquid order books across multiple venues, aiming for the highest execution quality and price. This will offered by Kraken Institutional later this year,” he said.
“We give all the software to the customer side, not just a bit of the key. So they basically run everything on their side,” Higgs said. “We reduce ourselves to a simple vendor/supplier relationship where we just do code updates. You don't need
The two men were arrested on Feb. 26 after arriving in Abuja to meet with Nigerian leaders who accused the crypto exchange of crashing the country’s currency, the naira. Source link
