Custody

Build a Compliant Network with Supply Chain Traceability

Build a Compliant Network with Supply Chain Traceability Share this: Blog / Build a Compliant Network with Supply Chain Traceability Supply chain traceability allows you to track the origin and journey of your business’s products and their inputs through every step of the supply chain. For fashion companies, for example, supply chain traceability solutions document the chain of custody of your goods and inputs from the cotton source to the importer of record.   An effective traceability solution provides supply chain transparency. It allows supply chain managers to see critical information that improves

US Bank Launches Cryptocurrency Custody Services Amid Strong Demand From Institutional Clients

US Bank has launched its cryptocurrency custody services. “Investor interest in cryptocurrency and demand from our fund services clients have grown strongly over the last few years,” the bank said. US Bank’s Crypto Custody Services Now Live U.S. Bank announced Tuesday that its cryptocurrency custody services are now live and available to its Global Fund Services clients. U.S. Bancorp, with nearly 70,000 employees and $559 billion in assets as of June 30, is the parent company of U.S. Bank, the fifth-largest bank in the country. The Minneapolis-based company serves millions

HUB Security Teams with Marsh to Offer Unique Insured Storage Solution for Digital Asset Custodians

TEL-AVIV, Israel, Oct. 1, 2020 /PRNewswire/ -- HUB Security, a leading hardware cybersecurity solutions provider, announced today its collaboration with Marsh, the world's leading insurance broker and risk adviser, to offer a unique insured storage solution that enables US-based financial institutions to securely and with confidence offer digital asset custodial services. Financial institutions can now store and manage digital assets, including cryptocurrency, on HUB's military-grade technological platform and purchase up to $400 million in "cold storage" insurance through Marsh's Digital Asset Risk Transfer (DART) team to cover the risk of

Katal Chain: A Template for Blockchain-Based Finance

Blockchain technology is believed by many to reshape the way we perform real-life transactions. However, the difficulty in learning the ins and out of cryptocurrency space, as well as knowing the complex codes used in these systems remain a barrier to entry. Katal Chain was developed to address this specific issue. Katal Chain was designed to make it easy for anyone to automate their business and financial transactions through a blockchain, leveraging its decentralized nature and security. Through Katal Chain, the task of creating decentralized financial applications can be easier,

Heads of Binance.US and eToro grace Fortune’s top 40 under 40 list for 2020

Fortune picked out a number of individuals deemed as most influential for 2020, listing 40 different names across five separate sectors. Binance.US CEO, Catherine Coley, and eToro CEO Yoni Assia found their names on the list, published on Sept. 2, under the finance section. Technology, politics, healthcare and media made up the other sections, each holding the top 40 people under the age of 40  — putting a total of 200 individuals on the list across all sectors. Binance.US serves as the United States' regulatory-friendly crypto trading option under exchange powerhouse Binance. EToro gives

U.S. Senate Banking Committee Requests Clarity on Crypto & DLT Payments

Republican Senator Mike Crapo sent a letter to the Office of the Comptroller of the Currency (OCC) on Tuesday 1 September requesting further clarity on the use of crypto in banking transactions. The letter follows an official OCC release in July, authorizing national banks and federal savings associations to provide crypto custody solutions for clients. Addressed to OCC Comptroller Brooks, the letter seeks additional info on the barriers to adoption, the implication of new technologies, and what regulator tools “regtech” are available, amongst others. Is the U.S. Banking Committee Growing

At Unchained Capital, Pioneering Bitcoin Native Financial Services

This is a sponsored article provided by Unchained Capital. Unchained Capital is building the archetype of the future financial institution, form fit for the world of bitcoin. It leverages the strengths of the Bitcoin protocol to offer bitcoin-native financial services, championing the importance of private keys, the benefits of multisignature security and the value a financial partner can provide. Today, most individuals and businesses that hold bitcoin end up at two extremes, either choosing to independently self-custody or relying on a trusted third party as a full custodian. Unchained bridges