Monthly Archives: January 2019

UK Firm Gets Regulatory Green Light to Offer Crypto Derivatives

B2C2, an electronic OTC trading firm and crypto liquidity provider, has just got the green light to offer crypto derivatives in the U.K. The London-based firm announced Thursday that its subsidiary B2C2 OTC Ltd. is now authorized and regulated by country’s financial watchdog, the Financial Conduct Authority (FCA), to arrange and deal in crypto contracts… Read More »

Crypto Exchange QuadrigaCX Files for Creditor Protection

Canadian crypto exchange QuadrigaCX is filing for protection from creditors, a step taken to avoid bankruptcy. In a statement posted to its website nearly a week after the portal became inaccessible, the exchange announced that it had filed “an application for creditor protection in accordance with the Companies’ Creditors Arrangement Act,” as part of a… Read More »

Prime Trust Undercuts Rivals in Crypto Custody Race

Prime Trust won’t charge its clients to custody digital assets any longer. The Nevada trust company announced Thursday that, effective immediately, it had lowered its fee for storing cryptocurrencies and tokens to $0, in line with what it charges to custody stocks and bonds. Prime Trust began to custody crypto assets last year, when it… Read More »

NYDFS Grants BitLicense to Third Bitcoin ATM Operator

Another bitcoin ATM operator has received one of New York’s coveted BitLicenses. Cottonwood Vending LLC was granted one of the virtual currency licenses Thursday, the New York Department of Financial Services announced on Twitter, joining a select group of fewer than 20 crypto companies to receive regulatory approval to operate within the Empire State. The… Read More »

Pantera, Coinbase Join $4.5 Million Round for Staking-as-a-Service Startup

Blockchain investment firm Pantera Capital is leading a $4.5 million seed round in Staked, a startup that provides institutional investors with the technical infrastructure for non-custodial staking services. Other participants in the round include Coinbase Ventures, Global Brain, Digital Currency Group, Winklevoss Capital, Fabric Ventures and Blocktree Capital. “You’ve got $25 billion of stake-able crypto… Read More »