Fidelity’s crypto custody business records 60% loss in 2023 ➡️ Read All : https://lnkd.in/eA-jBe8P Crypto custodian service Fidelity Digital Assets recorded nearly a 60% drop in revenue per 2023, with losses soaring to more than £7 million. Fidelity’s crypto... [...] #FidelityDigitalAssets #CryptoLosses #CryptoRevenueDrop #CryptoBusiness #CryptoLeadershipChange #Crypto #Regulation #NBTC
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Pros and Cons of Crypto Lending Platforms Explore the pros and cons of crypto lending platforms. Discover the benefits and risks of lending your crypto holdings for interest and potential returns. https://shorturl.at/Fm7mJ #ProsAndConsOfCryptoLendingPlatforms #CryptoLendingPlatforms #CryptoLending #CryptoHoldings #Crypto
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America Has Its First Big Bank For Crypto Custody BNY has become the first bank in the United States of America to receive approval from the Securities and Exchange Commission to legally custody Bitcoin and digital assets. Having BNY Mellon be able to act as a custodian for Bitcoin will likely open up more institutional adoption for digital asset investment and could also be yet another tipping point for being able to use Bitcoin as collateral for loans, which is something Cantor Fitzgerald previously announced they were committing to. What's happening, the big idea, and more: https://lnkd.in/eYRGycuW Featured | cc: Robin Vince, Dermot McDonogh, Jose Minaya, Alejandro Perez, Emily Portney, Leigh-Ann Russell, Akash Shah, Hanneke Smits, Adam Vos, Cathinka Wahlstrom, MicroStrategy - Michael Saylor, Phong Le, Saurabh Abhyankar, Carla Fitzgerald, Joty Paparello #crypto #fintech #digitalassets
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Value of Digital Assets Held in Super Funds Surges Past $650 Million ➡️ Read All : https://lnkd.in/ecwyrJfk In just three years, Australian self-managed super funds saw the value of their respective crypto asset holdings rise from just over $159 million to over... [...] #CryptoInvestment #SuperFunds #CryptoGrowth #BitcoinETF #FinancialAdvice #Crypto #Regulation #NBTC
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Crypto Custody Firm Cordial Systems Names Jump Crypto as Client as It Exits Stealth ➡️ Read All : https://lnkd.in/eWeQuWA4 Crypto custody firm Cordial Systems came out of stealth mode with clients including Jump Crypto and Backpack Exchange. Rather than just giving the client a... [...] #CordialSystems #CryptoCustody #SelfCustody #JumpCrypto #BackpackExchange #Crypto #Regulation #NBTC
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𝐓𝐢𝐦𝐞 𝐢𝐬 𝐦𝐨𝐧𝐞𝐲—𝐞𝐬𝐩𝐞𝐜𝐢𝐚𝐥𝐥𝐲 𝐢𝐧 𝐭𝐡𝐞 𝐰𝐨𝐫𝐥𝐝 𝐨𝐟 𝐜𝐫𝐲𝐩𝐭𝐨. The speed of transactions can make or break opportunities. But in many cases, 𝐥𝐚𝐫𝐠𝐞 𝐜𝐫𝐲𝐩𝐭𝐨 𝐨𝐧/𝐨𝐟𝐟-𝐫𝐚𝐦𝐩𝐢𝐧𝐠 trades still take days to settle. Why? Because slow settlement times are often the result of outdated systems and unnecessary complexities. Rialto is 𝘴𝘱𝘦𝘦𝘥𝘪𝘯𝘨 𝘶𝘱 high-value crypto transactions without sacrificing security or compliance. 𝐄𝐟𝐟𝐢𝐜𝐢𝐞𝐧𝐜𝐲 𝐢𝐬 𝐭𝐡𝐞 𝐤𝐞𝐲 to unlocking greater opportunities in the financial world. What’s the longest you’ve had to wait for a crypto transaction to process? Let's talk about 𝘪𝘮𝘱𝘳𝘰𝘷𝘪𝘯𝘨 𝘴𝘱𝘦𝘦𝘥 in 𝐃𝐌. 🔹 #Rialto #Brokerage #Finance #Crypto
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#SEC Approves BNY Custody Of Crypto Beyond ETFs 🖥 The SEC has approved the Bank of New York Mellon (BNY) to broaden its crypto custody services beyond crypto ETFs, as disclosed by SEC Chair Gary Gensler. BNY, which oversees $2 trillion in crypto assets, is now permitted to offer more extensive crypto custody services. 🤔 BNY's current framework already encompasses Bitcoin and Ethereum ETFs. Recently, the bank submitted a proposal to the SEC’s Office of Chief Accountant to protect customer funds in case of insolvency. The SEC issued a “non-objection” to this proposal, enabling the bank to move forward with its expanded services. ✈️ Source: WatcherGuru (https://lnkd.in/gpnvmvHn) #Bitcoin #Ethereum #SEC #ETF #News #Bank #USA
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#aml #antimoneylaundering #moneylaundering #financialcrime #fincrime Unlike crypto maximalists or anti-crypto fiat folks, it makes no difference to a money launderer whether it is fiat or crypto. Both are just means to them. If it can be used to help launder money, they will use it. To the money launderer, it is not binary. Both fiat and crypto (and anything else that can help acquire, retail and move value, in fact) are options for a money launderer. Check it out plus much more on The Laundry® at: thelaundrynews.com
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Looking to elevate your crypto trading with the security of a globally trusted bank? Partnering with EQIBank opens the door to new opportunities in the world of crypto trading. Our OTC Crypto Trading Desk offers a secure and regulated environment where you can trade digital currencies with full confidence. As a fully licensed financial institution, EQIBank gives you the peace of mind that only a trusted global bank can provide. Access a wide range of top cryptocurrencies like Bitcoin and Ethereum, alongside major global currencies such as USD, EUR, and GBP. Seamlessly convert your digital assets into the currencies you need, backed by the stability of a reliable financial partner. Take your crypto trading to the next level with EQIBank today! #EQIBank #CryptoExchange #Bitcoin #Ethereum #GlobalTrading
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🔐 When it comes to securing your #BTC or #XRP, Uphold has Vault. ✅ More Control ✅ Always Accessible ✅ Instant Trading Unlock a new way to safeguard your assets. 🔎 Learn more: https://lnkd.in/d9_7ggt4 __ Don’t invest in crypto unless you're prepared to lose all the money you invest. These are high-risk investments and you should not expect to be protected if something goes wrong. Crypto assets are unregulated, highly volatile, and subject to significant risks, which may not be suitable for you. Not available in all jurisdictions.
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Crypto Wallet Types: Do you know the difference? First up, a CUSTODIAL wallet. It means that a company has custody of your assets (like a bank) rather than you. Whilst they have their benefits, this is certainly not the most secure way to store your crypto #cryptowallets
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