Do Bitcoin ETFs Remove Custody Risk? Analysts Disagree
Jameson Lopp has argued that no type of Bitcoin loss is solved by handing the asset to a third party. It led to a spat with analyst Willy Woo and…
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MicroStrategy’s Michael Saylor Calls for Freedom of Choice in Bitcoin Custody Amid Backlash
After facing backlash for comments suggesting that regulated entities like BlackRock and Fidelity are safer options for holding Bitcoin, MicroStrategy founder Michael Saylor clarified his stance on self-custody. In a…
Top 10 Bitcoin Holders: Exchanges, Corporations, and Governments Dominate the Charts
Over the past decade, a significant amount of bitcoin has made its way into centralized trading platforms, public and private corporations, governments, exchange-traded funds (ETFs), and derivative token projects like…
House Fails to Overturn Biden’s Veto on Crypto Custody Guidance, SEC Offers New Path
The Security and Exchange Commission’s accounting bulletin 121 (SAB 121) requires companies, including banks, to hold crypto assets for clients as a liability on their balance sheets. This makes it inefficient…
German Banking Giant Commerzbank Approved for Crypto Custody Services
Commerzbank AG – the fourth largest bank in Germany – has received its Crypto Custody License after unveiling plans to break into digital asset safekeeping almost two years ago. This…
Nasdaq Puts its Crypto Custody Plans on Hold Citing the US Regulatory Environment
The leading stock exchange – Nasdaq Inc. – has paused its intentions to launch cryptocurrency custody services due to “the shifting business and regulatory environment in the US.” Several individuals,…
German Banking Giant Deutche Bank Seeks a Crypto License (Report)
The largest bank in Germany in terms of total assets – Deutsche Bank – has reportedly sought regulatory permission to start operating as a crypto custodian. DZ Bank – another…
Nasdaq to Offer Crypto Custody Services by Mid 2023
The leading stock exchange – Nasdaq Inc. – could make another push toward the cryptocurrency sector by launching custody services by the end of the second quarter of this year. …
Self-Custody Your Bitcoin, Urges Paxful CEO
Ray Youssef – Chief Executive Officer of crypto platform Paxful – said customers should never keep their bitcoin holdings on centralized exchanges. Instead, they must self-custody their possession to prevent…
Bitcoin Hodlers Make Self-Custody Moves After FTX Fiasco
The moves are hardly surprising considering that FTX, the world’s second-largest exchange, was considered pretty much bulletproof. The collapse of the exchange proves that it was not too big to…