SEC Gives Broker-Dealers Room to Handle Crypto Securities

The U.S. Securities and Exchange Commission (SEC) is showing signs it might budge on letting crypto custodians become regulated broker-dealers specifically for digital assets.  The Commission announced Wednesday that it would let crypto-focused broker-dealers operate for five years without fear of an enforcement action provided they can verify they have possession and control of customers’ […]

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The Big Banks Riding Bitcoin’s Bull Run

Traditional banks are now taking the plunge and coming out with crypto-related services. The shift coincides with bitcoin’s price hitting all-time highs in December. Banks may have been looking closely at digital assets for some time now, but have been skittish about saying anything in public. Now they appear to be joining a general shift […]

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How BitGo Is Getting Into the Events Business

BitGo has added capital introduction (cap intro) services, a kind of marketing activity carried out among hedge fund investors, to its suite of white-glove crypto brokerage services. Through a series of invitation-only roundtables with hedge fund managers, BitGo Prime says it will bring together asset managers, family offices, sovereign funds, pension funds, endowments and high-net-worth […]

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This Crypto Custody Breakthrough Will Bring Banks Closer to Digital Assets

Stealth-mode crypto custody specialist Shard X has claimed a breakthrough, being the first company to successfully run math-heavy, multi-party computation (MPC) on hardware security modules (HSMs). So why does this alphabet soup of security tech matter?  In summary, HSMs are a battle-tested way to store private keys, particularly popular in consumer products like Ledger and […]

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