The United States may soon have a Bitcoin-only trust company, according todisclosed by BitGo and Swan Bitcoin on Sep. 15. The joint venture is pending regulatory approval, the companies said in a statement.
"For years, we've heard from major clients, partners, and other Bitcoin companies that they would prefer a Bitcoin-only software and services stack that is focused strictly on the best custody that leverages Bitcoin's unique features,” Klippsten said. As part of our long-term vision to advance Bitcoin adoption, we’re announcing a major step forward for Swan and the entire Bitcoin ecosystem:— Swan Bitcoin Adoption Team BitGo offers digital assets security and custody, supporting over 30 cryptocurrencies as per its website.
Institutional investors in the crypto space are a fast-growing market in the United States, especially as the world's biggest asset managersexchange-traded fund . Several large Wall Street players offer cryptocurrency custody solutions to institutional investors, including Bank of New York Mellon and Deutsche Bank.
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CoinDesk - 🏆 291. / 63 Read more »