Japan's leading banking institution Sumitomo Mitsui Trust (SMT) has announced its willingness to enter the crypto ecosystem in partnership with Japanese exchange Bitbank. Te purpose is to launch a company that will focus on offering institutional-grade custody for digital assets and NFTs.
Sumitomo…
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Custody
US banks will strengthen cryptocurrency trading services
NCR, NYDIG, First Citizens Bank and Bay Federal Credit Union signed an agreement that will allow 650 US banks to offer bitcoin purchases to approximately 24 million users through mobile applications.
This is how the largest business…
KB Kookmin Bank to provide cryptocurrency custody services
South Korea's KB Kookmin Bank announced that they are going to start offering cryptocurrency custody service for their clients.
According to several experts, due to the growth of the digital asset market, different financial institutions…
Bermuda approves ICO of Velocity Ledger
Through a statement issued this Wednesday, the Ministry of Finance of Bermuda reported the approval of the initial currency offer (ICO) of Velocity Ledger Holdings Limited (VLHL).
The island is studying the application for approval of the…
New bank for crypto traders opened in Puerto Rico
The innovative institution located in Puerto Rico is called SanJuan Mercantile Bank & Trust International (SJMBT) and opened its doors to the cryptographic market serving the cryptocurrency traders.
The entity is a unit of Mercantile…
Fidelity will launch a bitcoin custody service from March
At the end of last year, Boston-based Fidelity Investments announced that it would offer a range of cryptographic products designed for large investors such as hedge funds.
The storage of bitcoin will be the first product available,…
Swiss bank launches service for the custody of cryptocurrencies
The financial institution Vontobel located in Zurich will be the third largest bank to offer a service of custody of digital currencies in Switzerland, with approximately 112.2 billion dollars in assets under its tutelage.
With the launch…