Coinbase Approved to Offer Crypto Custody Services
Coinbase has received approval from New York regulators to form a qualified custodial firm for cryptocurrencies.
Standard Chartered said it invested in Metaco to improve the relatively undeveloped market infrastructure in digital assets.
Xapo is making changes as it transforms into a digital bank launching later this year.
Zodia Custody is currently pending approval by the U.K.'s Financial Conduct Authority and is expected to launch in 2021.
With big banks still mostly eschewing the 11-year-old digital-asset industry, a new breed of lenders is stepping into the void to meet the demand. Enter BitGo.
Bitstamp will begin transferring its assets under management to BitGo's cold wallets on Oct. 10.