New Exchange LGO Markets Launches Offering Unusual Approach to Crypto Custody

Photo: LGO Group / Twitter Currently, a lot of crypto experts believe that the future of the industry greatly depends on the involvement of institutions. Institutional trading still continues to gain momentum which ensures a necessity to introduce new ways and approaches to investing which could attract the attention of this growing group of the…

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The State of Wyoming Passes Three Bills for the Crypto Industry

Photo: Wyoming Legislature / Twitter Lawmakers of the State of Wyoming in the United States has recently three new bills to promote blockchain and cryptocurrency businesses. Last week on February 14, the Wyoming House of Representatives approved the bill SF0125. The bill notes that Wyoming law recognizes cryptocurrency assets as a property. Furthermore,  the bill…

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Cryptocurrency Inheritance Problem to Be Solved by Italian Startup

Italy is open to innovations and cryptocurrency adoption due to its security and decentralized nature. Indeed, the only way one can get access to crypto funds is possessing an alphanumeric private key. However, even such a good solution has its dark side. It is impossible to gain access rights to cryptocurrency funds in case their…

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Fidelity's Crypto Trading and Custody Platform Enters ‘Final Testing’

Photo: Fidelity Digital Assets / Medium In October, American financial services giant Fidelity with a 72-year old history made an important announcement. According to it, the company was going to launch a new subsidiary called Fidelity Digital Asset Services to offer cryptocurrency storage and trading services to institutional and enterprise clients. At that time Fidelity’s CEO…

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As r/Bitcoin Hits One Million Users, State Street Claims ‘No Urgency’ for Crypto Custody

The Reddit subreddit r/Bitcoin has hit the one million user milestone, some eight years after it began. Despite the surging interest in bitcoin among the wider community, investment management giant State Street claims there is “no urgency” to develop secure crypto storage services for its clients. Also read: New Dawn: Treasury Dept. Levies Bitcoin Address Sanctions…

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The Daily: Crypto Vault in Hong Kong, ‘Herd of Institutional Investors’ in Crypto

A Hong Kong-based investment firm is planning to launch a new crypto-custody service to address the growing interest from institutional clients, and we’ve covered the story in today’s Bitcoin in Brief. Also in The Daily, billionaire Mike Novogratz expects an influx of institutional investors into the crypto space; a new survey claims 30 percent of…

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