Posts tagged crypto custody
Department of Treasury Gives The Nod, But Are Banks Ready To Custody Cryptocurrencies?

The Office of the Comptroller of the Currency (OCC) issued a letter on July 22, 2020 clarifying US national banks' and federal savings associations' authority to provide cryptocurrency custody services for their customers. This is a major step forward in bringing cryptocurrency to a place where more mainstream adoption is likely. The big questions are what’s different about providing custody of cryptocurrencies, and how will these mainstream institutions provide these services?

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Crypto Wallets 2.0, Improving Asset Security and Agility

In 2008, the same year that Satoshi Nakamoto published the famous Bitcoin white paper, a group of cryptography researchers in Denmark implemented the first production deployment of a technique known as Multiparty Computation (MPC). It was not obvious at that time, but MPC would ultimately become the basis for Crypto Wallets 2.0, ushering in an era of increased security for institutional- and consumer-grade wallets, with native support for any digital asset.

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