Archive | cryptocurrency custody

BitGo CEO: Bitcoin Needs Fresh Capital, Wall Street is Coming in

In a development that flew under the radar of most, an American blockchain startup has just received the go-ahead from a U.S. state regulator to establish a digital asset custody product. The firm’s CEO then took to CNBC to convey details about this product and what it means for this budding industry. The BitGo Crypto… […]

Chinese Crypto Startup to Offer Custody Service Amid Regulatory Turmoil

Long story short, China’s leading regulatory bodies have recently begun their second crusade against the propagation of crypto assets, imposing a series of harsh rules, laws and advisory messages in a bid to curb the growth of this industry. In spite of the heavy-handed regulatory moves, a Chinese cryptocurrency startup still intends to establish a secure… […]

Crypto Week In Review: SEC Delays Bitcoin ETF, Goldman Sachs Enters Market

Although the past week was rather quiet for the cryptocurrency industry, the price action seen throughout the past few days seems to tell a different story, with Bitcoin trading within a hefty $1,400 range. SEC Shoots Down VanEck ETF Proposal, Issues 45 Day Delay On Tuesday afternoon, the SEC released a document revealing that it… […]

Goldman Sachs Considers Offering Cryptocurrency Custody Services

New York-based multinational investment bank Goldman Sachs is making another step forward in its bet on the cryptocurrency market. The firm, led by chairman and CEO Lloyd Blankfein, is reportedly considering a plan to offer custody for cryptocurrency funds. A large and credible institutional player becoming a custodian could be the news the crypto industry… […]