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Category: Company News

  1. Home
  2. Bobs-News Categories
  3. Archive by category : "Company News"
  4. Page 90
  • bob
  • 2023-11-15
  • Company News
  • Cryptocurrency Innovations
  • Fintech and Blockchain Startups
  • Middle East

Standard Chartered Partners with FundsDLT to Offer Blockchain-Powered Transfer Service in North Africa and the Middle East

Standard Chartered Bank has partnered with FundsDLT to offer blockchain-powered funds transfer services to clients in North Africa and the Middle East. The new platform will streamline and enhance asset managers’ front-to-back solutions, addressing the challenges of manual transfer processes in the asset management industry. This partnership aligns technical and security standards, allowing Standard Chartered […]

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Commerzbank Becomes First Full-Service Bank in Germany to Receive Crypto Custody License
  • bob
  • 2023-11-15
  • Company News
  • Cryptocurrency Innovations
  • Europe
  • Regulatory Developments

Commerzbank Becomes First Full-Service Bank in Germany to Receive Crypto Custody License

Commerzbank, one of the largest banks in Germany, has received regulatory approval to offer crypto custody services, making it the first full-service bank in the country to do so. The approval was granted by the Federal Financial Supervisory Authority (BaFin) under the German Banking Act. This milestone allows Commerzbank to develop digital asset solutions, including […]

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Commerzbank Becomes First German Bank to Receive License for Cryptocurrency Services
  • bob
  • 2023-11-15
  • Company News
  • Cryptocurrency Innovations
  • Europe
  • Regulatory Developments

Commerzbank Becomes First German Bank to Receive License for Cryptocurrency Services

Commerzbank, a German bank, has been granted a license to handle cryptocurrency by local regulators. This license, issued under the German Banking Act, makes Commerzbank the first “full-service” German bank to receive such authorization. With this license, the bank will be able to offer digital asset services and custody of cryptocurrency assets. Commerzbank sees this […]

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OKX Partners with Komainu and CoinShares to Enhance Security for Institutional Crypto Trading
  • bob
  • 2023-11-15
  • Company News
  • Cryptocurrency Exchanges
  • Financial Scams and Security
  • World

OKX Partners with Komainu and CoinShares to Enhance Security for Institutional Crypto Trading

OKX, a prominent crypto exchange firm, has partnered with Komainu and CoinShares to enhance security for segregated institutional crypto trading. The collaboration allows CoinShares to trade institutional assets on the OKX platform while maintaining custody through Komainu. This move is a significant step towards secure institutional crypto trading, emphasizing the importance of safeguarding assets to […]

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Robinhood Trading Restrictions Lawsuit Faces Setback as Class Certification Denied
  • bob
  • 2023-11-15
  • Company News
  • Cryptocurrency Innovations
  • North America
  • Regulatory Developments

Robinhood Trading Restrictions Lawsuit Faces Setback as Class Certification Denied

Investors who were pursuing legal action against Robinhood over trading restrictions imposed in early 2021 have faced another setback. The United States District Court for the Southern District of Florida rejected their request for class certification. Chief Judge Cecilia Altonaga stated that the plaintiffs failed to convince the court that issues of individualized reliance would […]

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Commerzbank Becomes First Full-Service German Bank to Obtain Crypto Custody License
  • bob
  • 2023-11-15
  • Company News
  • Cryptocurrency Innovations
  • Europe
  • Regulatory Developments

Commerzbank Becomes First Full-Service German Bank to Obtain Crypto Custody License

Commerzbank, a German bank, has received a crypto custody license from local regulators, making it the first “full-service” bank in Germany to obtain such a license under the German Banking Act. This license allows Commerzbank to offer custody services for crypto assets and expand its digital asset services. The bank’s chief operating officer, Dr. Jörg […]

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Hex Trust Secures Virtual Asset Service Provider License in Dubai
  • bob
  • 2023-11-15
  • Company News
  • Cryptocurrency Exchanges
  • Middle East
  • Regulatory Developments

Hex Trust Secures Virtual Asset Service Provider License in Dubai

Hong Kong-based institutional cryptocurrency asset custodian, Hex Trust, has obtained a Virtual Asset Service Provider (VASP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). This regulatory approval allows Hex Trust to offer virtual asset custodial services to institutional clients and investors in Dubai. The company had previously obtained a Minimal Viable Product (MVP) operational license […]

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OKX Partners with Komainu and CoinShares to Enhance Institutional Asset Trading
  • bob
  • 2023-11-15
  • Company News
  • Cryptocurrency Exchanges
  • Cryptocurrency Innovations
  • World

OKX Partners with Komainu and CoinShares to Enhance Institutional Asset Trading

Cryptocurrency exchange OKX has partnered with custody provider Komainu and asset manager CoinShares to promote institutional adoption of digital assets. The collaboration aims to address counterparty risks by enabling round-the-clock trading of segregated assets. CoinShares will execute trades on the OKX exchange, while Komainu will act as a third-party custodian to safeguard the collateral assets. […]

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Hex Trust Receives Virtual Asset Custodial License in Dubai
  • bob
  • 2023-11-15
  • Company News
  • Cryptocurrency Exchanges
  • Middle East
  • Regulatory Developments

Hex Trust Receives Virtual Asset Custodial License in Dubai

Hong Kong-based cryptocurrency asset custodian Hex Trust has received regulatory approval to offer virtual asset custodial services to institutional clients and investors in Dubai. The company, which already had a minimal viable product (MVP) operations license, has now obtained a full virtual asset service provider (VASP) license from Dubai’s Virtual Asset Regulatory Authority (VARA). This […]

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Partnership Aims to Boost Institutional Adoption of Digital Assets with Round-the-Clock Trading and Secure Custody Solutions
  • bob
  • 2023-11-15
  • Company News
  • Cryptocurrency Exchanges
  • Cryptocurrency Regulations
  • World

Partnership Aims to Boost Institutional Adoption of Digital Assets with Round-the-Clock Trading and Secure Custody Solutions

Crypto exchange OKX has partnered with custody provider Komainu and asset manager CoinShares to facilitate round-the-clock trading of segregated assets, aiming to promote institutional adoption of digital assets. CoinShares will trade on the OKX exchange, while Komainu will hold the collateral assets as a third-party custody provider. This arrangement helps mitigate counterparty risks in trading […]

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