Goldmoney Enables Cold Storage For Two More Cryptocurrencies

Goldmoney, the world’s largest gold savings and transfer network, has added two more major cryptocurrencies to its cold storage service, according to a press-release published Feb. 27. The company, which already provides a cold storage service for Bitcoin (BTC), announced it is now adding “Anti-Money Laundering (“AML”)-Compliant” Ethereum (ETH) storage, with Bitcoin Cash (BCH) storage to follow soon after. According to their press release, Goldmoney Inc. safeguards nearly $2 billion in assets for clients located in more than 150 countries. “Goldmoney clients can now directly purchase Anti-Money Laundering (“AML”)-Compliant Ethereum and sell their Ethereum holdings back to Goldmoney in the same way they buy or sell Bitcoin and precious metals,” Goldmoney reports. As the company explains, client-held cryptocurrencies are stored and secured in an offline cold storage, “with private keys stored in a password-protected hardware wallet”.

Reference: https://cointelegraph.com/news/gold-trading-giant-goldmoney-enables-cold-storage-for-two-more-cryptocurrencies

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