Komainu receives FCA approval in the UK
The cryptocurrency custody firm, co-created by the crypto investment firm CoinShares, has recently received regulatory approval in the United Kingdom. In an Oct. 6 announcement, the company can now register as a custodian wallet provider under the Money Laundering, Terrorist Financing and Transfer of Funds regulations. Crypto custody services available Following this announcement, Komainu can now offer its crypto custody services, which encompasses institutional staking and collateral management, through its Komainu Connect platform. The platform, initially unveiled in Apr. 2023, removes the necessity of storing collateral with trading partners, replacing it with a secure custody solution that bolsters the safety and integrity of assets. Alongside the UK, Komainu has also since extended its custody services to institutional clients in Italy, following the inclusion of its European entity in the relevant registry, alongside expansion into Singapore. You might also like: Gl...