Tag Archives: Crypto

BitGo Acquires Harbor in Surprise Expansion Beyond Crypto Custody

The crypto custodian announced Tuesday the acquisition of Harbor, a security token platform best known for a failed bid to offer tokenized shares of a South Carolina apartment building. Harbor’s subsidiaries, which include a broker-dealer regulated by the Financial Industry Regulatory Authority and a transfer agent supervised by the Securities and Exchange Commission, are included in the acquisition, the companies said. The move allows BitGo to expand its services from custody, becoming what CEO Mike Belshe said is the first “full-stack” service provider in the digital securities space. The terms of the deal were not disclosed. Continue reading BitGo Acquires Harbor in Surprise Expansion Beyond Crypto Custody

US Presidential Contender Michael Bloomberg Proposes ‘Clear Regulatory Framework’ for Crypto

Bloomberg’s campaign published a financial reform plan Tuesday, advocating for greater consumer protection measures and a stronger financial system. Specifically, the proposal suggests requiring financial institutions to monitor risk exposure, recording all financial transactions in a centralized database, strengthening the Consumer Financial Protection Bureau and a number of other recommendations. The proposal also recommends creating a regulatory sandbox for startups and “providing a clear regulatory framework for cryptocurrencies.” Continue reading US Presidential Contender Michael Bloomberg Proposes ‘Clear Regulatory Framework’ for Crypto

Boerse Stuttgart Subsidiary Launching Institutional Crypto Custody Services

According to an announcement from the bourse on Tuesday, Blocknox already provides custody for crypto assets on an “escrow basis” and has made the service available to users of Boerse Stuttgart’s BISON app and its digital assets exchange, BSDEX. The firm is now aiming to expand its services outside the group’s own offerings, planning to safeguard cryptocurrencies and “other digital assets” for institutional clients such as banks and asset managers. Continue reading Boerse Stuttgart Subsidiary Launching Institutional Crypto Custody Services

Inside the Crypto Community’s New Diet Craze

Autophagy, literally self-eating, is the latest dietary trend in the crypto community. More commonly known as fasting, the idea is to abstain from ingesting food for a set amount of time, ranging anywhere from 24 hours to an entire month or beyond. In doing so, proponents hope to improve their bodily health and mental acuity. Continue reading Inside the Crypto Community’s New Diet Craze