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BCB Group migrates custody to Metaco’s platform, enhancing security and governance. Ripple’s strategic acquisition of Metaco strengthens its position in the crypto industry. The collaboration aims to drive innovation and efficiency in digital asset operations. In a strategic maneuver in collaboration with Ripple, Metaco, and IBM Cloud, BCB Group has transitioned its custody operations to Metaco’s platform, a move aimed at streamlining its digital asset management. The London-based firm, known for providing payment and trading services to major crypto institutions, including Gemini and Kraken, has chosen Metaco’s flagship platform to enhance the security and efficiency of its operations. This decision marks a significant shift for BCB Group, which has migrated from a third-party digital asset technology provider to leverage Metaco’s advanced custody orchestration platform . With this move, BCB Group aims to centralize its cust...

Renowned investor and author of the best-selling personal finance book ‘ Rich Dad Poor Dad ,’ Robert Kiyosaki, has once again called for readiness ahead of what he termed the ‘giant market collapse.’ In an X (formerly Twitter) post on December 1, Kiyosaki warned of an imminent market collapse and the possibility of the next Great Depression. He emphasized that buying gold, silver, and Bitcoin (BTC) is the best defense against a potential collapse. The author pointed to what he termed the “3 stooges” running the White House, US Treasury, and the Federal Reserve as indicators of an impending crisis.  “Afraid giant market collapse is here because 3 Stooges running White House, US Treasury, and Fed. Possible next Great Depression. Possibly war. For millions, really hard times are ahead. For those in the right mindset and prepared, the next Great Depression will be the best time of their lives. Please prepare. Please take care. Buy gold, silver,...

The Basel Committee on Banking Supervision has proposed standardized disclosure templates for major banking institutions regarding their crypto asset exposure, aiming for implementation by 2025. The Basel Committee on Banking Supervision (BCBS), an assembly of international banking regulators, unveiled draft guidelines on October 18 for the merge of traditional finance and digital assets. The proposal suggests that major banking institutions should disclose their exposure to crypto assets by 2025. The BCBS believes that standardized disclosure templates will promote consistent information sharing across banks. This consistency will not only benefit the banks but will also provide market participants with a clearer view of financial institutions’ engagements in the crypto sector. A new Basel Committee consultative document proposes a standardised disclosure table and set of templates for banks’ cryptoasset exposures: comments welcome by 31 January 2024 https://t.co/SzMwXNxu...

Join Our Telegram channel to stay up to date on breaking news coverage Grayscale Investments, the largest digital asset management firm, is looking to launch three new crypto exchange-traded funds. The firm’s plan for the launch comes as it awaits a court ruling on converting the Grayscale Bitcoin Trust (GBTC) into an ETF. Grayscale readies to launch 3 new crypto ETFs Grayscale has made a filing to launch these products despite regulatory uncertainty around crypto ETFs. The US Securities and Exchange Commission (SEC) has failed to approve any application for a spot Bitcoin ETF. The SEC has instead approved several Bitcoin futures ETFs. However, Grayscale is adamant about bringing a spot crypto ETF to the market. The asset manager wants to launch a Global Bitcoin Composite ETF that will invest in exchange-traded products that have exposure to Bitcoin or are backed by Bitcoin. The ETF will also invest in Bitcoin mining companies. Eric Balchunas, an analyst with Bloombe...