Tag Archives: Cryptocurrencies

Banks in US Can Now Offer Crypto Custody Services, Regulator Says

Banks in US Can Now Offer Crypto Custody Services, Regulator Says

The Office of the Comptroller of the Currency (OCC) is letting all nationally chartered banks in the U.S. provide custody services for cryptocurrencies. In a public letter dated July 22, Senior Deputy Comptroller and Senior Counsel Jonathan Gould wrote that any national bank can hold onto the unique cryptographic keys for a cryptocurrency wallet, clearing […]

Coinbase Becomes First ‘Pure’ Crypto Firm Approved as Visa Principal Member

Coinbase Becomes First ‘Pure’ Crypto Firm Approved as Visa Principal Member

Coinbase, the San Francisco-based cryptocurrency exchange, has been made a Visa principal member. Announcing the news on its blog Wednesday, the firm said the news marks it as the “first pure-play crypto company” to be approved by the credit card giant. Coinbase has been working with Visa since 2019 when it launched its Coinbase Card in the UK. The […]

Franklin Templeton Taps Wallet Service Provider to Support Tokenized Shares

Franklin Templeton Taps Wallet Service Provider to Support Tokenized Shares

The companies announced Thursday that Curv would be responsible for helping Franklin Templeton build the transaction signing and management system for its fund. Curv, which developed a series of multi-party computation protocols, seeks to remove the need for private keys, which it calls a “single point of failure” on a blockchain platform, according to a […]

Ripple Invests $750,000 to Bring XRP to Crypto Wallet BRD

Ripple Invests $750,000 to Bring XRP to Crypto Wallet BRD

Mobile wallet provider BRD is partnering with Ripple’s Xpring to boost XRP adoption. The companies announced Friday that Xpring would invest some $750,000 into BRD as part of its efforts to “build the internet of value.” As part of this new “strategic partnership,” BRD will integrate XRP and begin building on Xpring’s developer platform. “The […]

US House Passes Bill for FinCEN to Study Blockchain Use

US House Passes Bill for FinCEN to Study Blockchain Use

Congress wants the Financial Crimes Enforcement Network (FinCEN) to up its internal blockchain game with a new bill to study how the technology could be adapted for law enforcement. On Sept. 19, the House of Representatives passed legislation calling for the financial crimes regulator to study its use of “innovative technologies” — including blockchain. The bill […]

Civic, BitGo Announce a Consumer Mobile Wallet

Civic, BitGo Announce a Consumer Mobile Wallet

Decentralized identity startup Civic Technologies announced a partnership with BitGo to build a crypto wallet that maintains anonymity while offering a back-up solution. The eponymously named Civic Wallet was designed alongside Civic Identity, Identity.com, and Civic Pay to operate with BitGo’s multisig solution. Civic will store minimal user data, in the form of KYC information, for account recovery […]

Bitcoin Maximalists Vs Altcoins: The Crypto War Of Our Time?

Bitcoin Maximalists Vs Altcoins: The Crypto War Of Our Time?

Now if you’ve been in the space for a while now, then you may have heard of the term ‘Bitcoin maximalists’. In case you haven’t, they are basically extreme believers that the leading cryptocurrency is the best digital asset. There is almost a war going on between Bitcoin maximalists and altcoins which has been going on for years now. […]