Bakkt Acquires Crypto Custodian, Partners With BNY Mellon on Key Storage

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❏ Bitcoin futures exchange Bakkt has acquired the Digital Asset Custody Company and is working with global bank BNY Mellon on crypto key storage. ❏ CoinDesk

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Bermuda ‘sandbox’ welcomes blockchain and cryptocurrencies next

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Bermuda is establishing itself as a blockchain-friendly territory. Blockchain companies can now add Bermuda to their top choices for setting up shop. Last month, the self-governing British overseas territory released a paper on their insurance regulatory sandbox and innovation hub, where insurance entities can test out their products and services in a controlled environment for a limited amount of time. And now, this sandbox is extending to blockchain companies. David Burt, the Premier of Bermuda has issued some very enticing statements for interested start-ups. “What I would l would like to look at is Bermuda—we have innovation hubs around the world. I look at my entire country as an innovation hub,” Burt said. “We are the ideal place for companies that are looking to test out new age products and services—to have them in a constrained environment to see how they can work and then they can scale them up to service the rest of the world. That’s where we’re positioning Bermuda,” he...
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Bitcoin Cash holds on to gains, sets sights on $1,500

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Regulatory Clarity Should Lead to More Capital Investment in Crypto: Panel

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