Boerse Stuttgart Subsidiary Launching Institutional Crypto Custody Services – CoinDesk

Blocknox, a subsidiary of second-largest German stock exchange Boerse Stuttgart, is expanding its cryptocurrency custody service to institutional players. 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 […]

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German Stock Exchange Plans International Digital Asset ‘Ecosystem’ Through New Partnership With SBI – CoinDesk

German stock exchange owner Boerse Stuttgart Group and Japanese financial giant SBI Group are teaming up on a joint initiative to expand their digital assets businesses internationally. The two firms said in a press release Friday they will establish a partnership in Europe and Asia, including Japan, with the ultimate aim of developing “a truly […]

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German Bank Launches Digital Assets Unit to Offer Custody Products – CoinDesk

German bank solarisBank is jumping into the crypto custody space.  Through a subsidiary called solaris Digital Assets, the Berlin-based bank will offer a white-labeled custody product, the company recently announced. The financial technology startup received a German banking license in 2016 and has since been offering banking-as-a-service for nonbanks to offer financial products.  solarisBank will […]

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‘Gold-Backed’ Crypto Token’s Promoter Investigated by Florida Regulators – CoinDesk

The Takeaway Florida regulators are investigating Karatbars, a German company that’s been promoting a token tied to a Miami “crypto bank” without any banking license in the state. Karatbars previously issued a cryptocurrency purportedly backed by gold, but CoinDesk has been unable to verify the existence of the mine the company says produced the gold. […]

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