BNY Mellon becomes Grayscale’s Bitcoin trust service provider
Grayscale, the world’s largest digital asset management, has named BNY Mellon, the oldest custodial bank, as its ETF service provider. BNY Mellon would serve as the asset servicing provider for GBTC, providing fund accounting and administration until the ETF is converted. The duration of service would begin on October 1st, 2021. We have selected @BNYMellon […]
ICICI Bank India warns users not to send crypto using its remittance services
The bank in a statement said that it will not allow its services to be used for Bitcoin-related transactions while also urging users not to use its remittance services to send cryptocurrencies. Since the inception of Bitcoin, India’s attitude on cryptocurrency adoption has been hazy. In what appears to be yet another setback for the […]
The9 signs Bitcoin mining deal with hosting company BitRiver
Russia’s crypto mining hosting company BitRiver, that utilizes only surplus hydroelectric power to operate its data centres will be hosting The9 mining devices on its data centres for a period of 2 years. The9, a Nasdaq-listed Chinese internet business , has signed a contract with a large Russian data centre operator to move forward with […]
FTX Crypto Exchange Partners with ClearLoop
FTX exchange has partnered with Copper.co ClearLoop settlement trading network and this will give over 300 institutions access to FTX’scryptocurency products. Over 300 institutions will have access to FTX’s crypto products as a result of the partnership. For over 40 exchanges and 250 digital assets, Copper’s platform provides custody, prime brokerage, and settlement services. With […]