HIGHLIGHTS Anzens Inc. has partnered with BitGo Trust, an industry leader in digital asset custody, to provide custodial services for USDA, a stablecoin native to the…
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The WazirX hack in July 2024 resulted in a $230 million loss, sparking a blame game between the exchange and custodian Liminal. Forensic investigations clear Liminal, raising concerns about crypto security.
“Integration with Stellar aligns with Taurus’ strategic growth as the blockchain has been optimized and built for asset tokenization,” states Jürgen Hofbauer, Head of Global Strategic Partnerships at Taurus.
“We look forward to working with VARA to finalize our operations and commence regulated custody services soon,” states Amir Tabch, CEO of Liminal Custody Solutions Middle East.
Manhar Garegrat, from Liminal Custody Solutions, sheds light on safeguarding strategies, and challenges in the evolving crypto landscape ahead of the upcoming Bitcoin halving on April 20.
“As digital asset adoption among institutions continues to grow, ensuring the utmost security of these assets becomes paramount,” states Bitget Managing Director, Gracy Chen.
“If you view Bitcoin as a long-term hedge against the financial system, holding it inside that system is a non-starter,” states Casa CEO, Nick Neuman.
As digital assets gain mainstream adoption, institutions require robust security and scalable options for storing their digital assets.
“We recognize the sensitive nature of user data and are committed to upholding the highest standards of data protection,” states Dhruvil Shah, SVP of Technology at Liminal.
With a focus on transparency and AML/CFT compliance, the move aims to enhance market integrity while positioning Hong Kong as a leader in regulated digital asset market.