Tag: custody service
Coinbase Obtains Regulatory Greenlight to Offer Cryptocurrency Custodial Services in New York
The New York State Department of Financial Services (DFS) recently approved Coinbase Custody as a limited purpose trust company. This approval allows the Coinbase subsidiary…
Cryptocurrency Trust Company Secures Insurance from Lloyd’s of London
Cryptocurrency storage firm Kingdom Trust has announced that it has secured storage coverage through Lloyd’s of London. The insurance policy provides coverage against theft and…
Wall Street Banks Eye Custody as Perfect Entry Point into the Cryptocurrency Market
While Wall Street Bank chiefs like Jamie Dimon might appear to be critics of the emerging asset class, their firms are reportedly examining ways of…
Goldman Sachs Jumps Back on the Bandwagon, Considers Custody Offering for Crypto Funds
In yet another about-face, financial services giant Goldman Sachs is considering offering custody services for crypto funds. The news comes less than a week after…
