'Keep Your Coins' bill introduced to restrict government control of crypto

Ohio’s eighth district congressman Warren Davidson has introduced the “Keep Your Coins” bill in the House of Representatives to protect individuals’ self-custodied crypto wallets from U.S. government agency control. The introduction on Feb. 15 comes just a day after the Canadian government invoked the Emergencies Act, giving it the power to freeze bank accounts and […]
Avalanche eyes 60% rally as AVAX price breaks out of bull flag
Avalanche (AVAX) strengthened its case for a potential upside run towards $160 in the coming sessions as it broke out of a classic bullish pattern earlier this week. Dubbed “bull flag,” the pattern emerges when the price consolidates lower/sideways between two parallel trendlines (flag) after undergoing a strong upside move (flagpole). Later, in theory, the […]
55% of the world’s top 100 banks reportedly have crypto and blockchain exposure

Global banking giants are reportedly increasing their involvement in the emerging crypto and blockchain firms by way of early- and late-stage funding for projects and businesses in the industry. According to research by Blockdata, a blockchain market intelligence outfit, 55 out of the top 100 banks by assets under management (AUM) have some form of […]
Deutsche Telekom to store CELO tokens on Coinbase Custody

Coinbase Custody, the crypto custodial solution offered by United States exchange giant Coinbase has been chosen by Deutsche Telekom to store its Celo (CELO) tokens. According to a release issued on Monday, the telecoms giant identified the robust security protocols offered by Coinbase Custody as a major reason for choosing the service. Deutsche Telekom invested […]
Investment bank Cowen set to offer institutional-grade crypto custody
Cowen Inc., an independent American investment bank established over a century ago is set to become the latest mainstream financial services company to enter the crypto custody business. According to Bloomberg, Cowen has inked a partnership with Standard Custody and Trust Co. The collaboration will also includes a $25 million investment in the Standard’s parent […]
First Digital Trust announces $2.15M funding for Asian digital payments service

Digital asset custodian First Digital Trust has secured funding to bring crypto asset payment services and upgrades to the Asia Pacific region. The Hong Kong-headquartered company has raised $2.15 million in a convertible note funding round led by private investors including Asian venture studio Nogle. The total funding for the firm is now over $7 […]
PayPal purchases crypto custody firm Curv

Payments giant PayPal has acquired Israel-based crypto custody firm Curv for an undisclosed amount. According to PayPal, the firm purchased Curv as part of its initiative to support cryptocurrencies and digital assets. The platform said it plans to complete the acquisition before the third quarter of 2021, but did not disclose the purchase amount. Israel-based […]