Major South Korean bank KB Kookmin Bank is expected to launch a cryptocurrency custody service in the near future. According to a report from local news outlet Digital Today on March 27, the bank filed a trademark application for KBDAC, referring to a proposed Digital Asset Custody subsidiary, at the…
Read MoreGlobal Digital Finance (GDF), is an industry membership body that promotes the adoption of best practices for crypto assets and digital finance technologies, through the development of conduct standards. It is conducting a consultation on the following Codes of Conduct for Cryptoassets: Part IX(i) Principles for Custody „Custodial Wallets“. Organizations…
Read More2 March 2020: Today, the BaFin published eagerly awaited information on digital assets custody business. Content I. General facts of the digital assets custody business 1. Digital Assets or private keys 2. For others 3. Safekeeping, administration, and security II Demarcation from other regulated activities III. Authorization requirement for the…
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