Olympia Trust, Knox Partner On Bitcoin Custody Service
Olympia Trust Company expects to receive an exclusive Canadian license to use a proprietary bitcoin custody system developed by Knox.Olympia Trust Company, a Canada-based, non-deposit-taking trust company, will soon receive an exclusive Canadian license to use a proprietary bitcoin custody system developed by Knox, according to a press release.Both companies will determine the final shape of the agreement following the completion of due diligence.“Upon completion of the transaction, it is anticipated that Olympia Trust will be one of the few Canadian financial institutions able to hold....
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Today, Knox announced that it has become the first and only custodian in Canada with SOC 2 Type II certification. Learn more via the press released shared by Knox. The post Press Release: Knox Custody Completes Soc 2 Type II Audit appeared first on Bitcoin Magazine.
Payment Processor Vogogo has announced a partnership with Knox payments that will allow US clients in the digital currency industry to accept payments from US bank accounts and have access to better commercial banking. The agreement between Vogogo and Knox Payments will combine Vogogo's Calgary-based regulatory and risk compliance specialist to Knox Payment's USD and domestic banking networks. This new partnership will give Vogogo the ability to significantly expand the services they offer within the US while creating a nurturing banking environment for digital currency companies. Also....
The integration will enable Prime Trust to manage the custody of digital securities and cryptocurrencies for its customers using tZERO for trading.
Zodia Custody is currently pending approval by the U.K.'s Financial Conduct Authority and is expected to launch in 2021.
Sumitomo Mitsui Trust, one of the major banking institutions in Japan, will reportedly enter the cryptocurrency custody business. The company is entering a partnership with Bitbank, a Tokyo-based cryptocurrency exchange, to launch a new company that will focus on offering institutional-grade custody for digital assets and NFTs.
Sumitomo Mitsui Trust Bank to Enter Digital Custody Business
Sumitomo Mitsui Trust Bank, a major financial institution in Japan, has decided to enter the cryptocurrency custody business. The company announced that it will launch a digital assets custody....