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Could Blockchain be a Solution for Mail-In Voting Issues and Election Ballot Counting Fraud?

Could Blockchain be a Solution for Mail-In Voting Issues and Election Ballot Counting Fraud?

Amid the misinformation circulating in response to the US presidential elections, blockchain technology has been brought up as a solution to prevent voter fraud.

KPMG Advocates for Institutional Custody as Estimated $9.8 Billion of Crypto Stolen Due to Lack of Security

KPMG Advocates for Institutional Custody as Estimated $9.8 Billion of Crypto Stolen Due to Lack of Security

One of the big four accounting firms, KPMG estimated that at least $9.8 billion in cryptocurrencies have been stolen by hackers since 2017 due to security issues or poorly written code. According to the KPMG report, the cryptocurrency market will need to see huge improvements for the $245 billion industry to keep growing.

First Private Bank Joins Turkish Digital Asset Blockchain Network

First Private Bank Joins Turkish Digital Asset Blockchain Network

Garanti BBVA, the second-largest private bank in Turkey with $104 billion of consolidated assets has confirmed that it will be the first and only private bank joining the Turkish Digital Asset Blockchain Network.

US Federal Regulator Says Banks Can Offer Cryptocurrency Custody Services to Customers

US Federal Regulator Says Banks Can Offer Cryptocurrency Custody Services to Customers

The US Office of the Comptroller of the Currency (OCC) has announced that states and national banks and federal savings associations can provide crypto custody services to customers.

Arca Digital Asset Investment Firm Gets Approval from SEC to Tokenize US Treasury Bonds

Arca Digital Asset Investment Firm Gets Approval from SEC to Tokenize US Treasury Bonds

Los Angeles-based digital asset investment firm Arca has launched trading for its new digitized security investment product that runs on the Ethereum blockchain.

Kookmin Bank, South Korea’s Largest Bank Will Offer Cryptocurrency Custody

Kookmin Bank, South Korea’s Largest Bank Will Offer Cryptocurrency Custody

Kookmin Bank, the largest commercial bank in South Korea, will start offering Bitcoin custody services through a new partnership with crypto trading firm Cumberland Korea and blockchain venture fund Hashed.

South Korea’s Largest Bank Reveals Crypto Custody Service Filing and Potentially Even More Crypto Services to Come

South Korea’s Largest Bank Reveals Crypto Custody Service Filing and Potentially Even More Crypto Services to Come

The largest bank in South Korea, KB Kookmin Bank has revealed its filing of a trademark application for KB Digital Asset Custody (KBDAC), its crypto custody service.

US SEC and FINRA Issued Latest Custody Guidance on Digital Assets Securities

US SEC and FINRA Issued Latest Custody Guidance on Digital Assets Securities

The United States Securities and Exchange Commission (SEC) and the Financial Industry Regulatory Authority (FINRA) issued a statement addressing regulatory issues regarding the custody of digital asset securities on 8 July.

German Stock Exchange Subsidiary Blocknox Unveils Cryptocurrency Custody Services to Institutional Clients

German Stock Exchange Subsidiary Blocknox Unveils Cryptocurrency Custody Services to Institutional Clients

German Stock Exchange Boerse Stuttgart has made an announcement that its subsidiary Blocknox is expanding its crypto custody service to institutional players.

Understanding Digital Asset-Backed Securities: Why is Blockchain Important?

Understanding Digital Asset-Backed Securities: Why is Blockchain Important?

In the second part of our interview with Florian Matthaeus Spiegl of FinFabrik, he explained how FinFabrik helps tackle challenges for many traditional financial services companies, and how the industry can work together to build more inclusive, accessible and efficient systems.

Fidelity Launches Cryptocurrency Custody Business

Fidelity Launches Cryptocurrency Custody Business

In a rare interview with Fidelity Investments CEO Abigaile Johnson, the Financial Times revealed that the Boston-based asset management giant is “now engaged in a full rollout” of its cryptocurrency custody and trading service.

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