Bakkt Adds Support for DOGE, SHIB, Others to Embrace Custody Services
Cryptocurrency firm Bakkt is expanding its custody services, supporting six new coins, including Dogecoin, Shiba Inu, USDC, Litecoin, Ethereum Classic, and Bitcoin Cash. According to a November 15 announcement, cryptocurrency firm Bakkt appears to be returning to digital asset custody as its principal business, adding support for six new coins. Bakkt will extend its custodial […]
German Banking Giant Commerzbank Granted Crypto Custody License
Commerzbank has made a significant stride in the digital asset sector by becoming the first German full-service bank to receive a Crypto Custody License. The fourth-biggest bank in Germany, Commerzbank AG, has been granted a regulatory custody license for cryptocurrency. Commerzbank is now the first full-service bank in Germany to hold this kind of license, […]
Crypto Custodian Hex Trust Obtains Full Dubai Operating License
Institutional clients and investors in Dubai may now use the virtual asset custody services offered by Hong Kong-based institutional Bitcoin asset custodian Hex Trust. The company established up shop in Dubai in June 2022 and was granted a complete virtual asset service provider (VASP) license as of November 15 by the Dubai Virtual Asset Regulatory […]
HashKey Announces $10k Application Fee for Token Listings
In order to begin the token evaluation process, applicants who want to be listed on HashKey Exchange must pay an application fee of $10,000. HashKey Group, a Hong Kong-based cryptocurrency company , has released a listing policy for those looking to list their products in Asia. HashKey said on its support page that applicants wishing […]
WonderFi Acquires Bitvo, Expands its Hold on Canadian Crypto Market
WonderFi has raised its market share in Canada’s regulated cryptocurrency exchange market and changed the dynamics of competition by acquiring Bitvo.com through its subsidiary, Bitbuy. WonderFi has significantly expanded its presence in the Canadian digital asset market through its subsidiary Bitbuy with the acquisition of Bitvo.com. With this acquisition, WonderFi now controls over half of […]