{"id":62297,"date":"2023-10-07T22:05:16","date_gmt":"2023-10-07T22:05:16","guid":{"rendered":"http:\/\/egrowonline.com\/?p=62297"},"modified":"2023-10-07T22:05:16","modified_gmt":"2023-10-07T22:05:16","slug":"coinshares-owned-komainu-secures-crypto-custodian-registration-in-uk","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=62297","title":{"rendered":"CoinShares-owned Komainu secures crypto custodian registration in UK"},"content":{"rendered":"<p> <br \/>\n<br \/><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/cdn-cgi\/image\/format=auto,onerror=redirect,quality=90,width=840\/https:\/\/s3.cointelegraph.com\/uploads\/2023-10\/8f2f2887-a3e4-44bb-8b9d-4aaeb9e8c10f.jpg\" \/><\/p>\n<div data-v-3d3be88a=\"\">\n<p>Komainu, a cryptocurrency custody firm co-created by crypto investment firm CoinShares, hardware wallet provider Ledger and Japanese investment bank Nomura, has secured major regulatory approval in the United Kingdom.<\/p>\n<p>The company announced on Oct. 6 that it had received approval from the U.K. Financial Conduct Authority (FCA) to register as a custodian wallet provider under the Money Laundering, Terrorist Financing and Transfer of Funds regulations, 2017.<\/p>\n<p>The crypto asset custody registration with the FCA allows Komainu to offer crypto custody services in the U.K., including collateral management services through its Komainu Connect platform.<\/p>\n<p>\u201cKomainu will offer institutional custody services as well as Komainu Connect, our leading collateral management solution in the United Kingdom,&#8221; Komainu&#8217;s head of strategy Sebastian Widmann told Cointelegraph.<\/p>\n<p>\u201cThe U.K. remains one of the most important hubs for financial technology and innovation that will spur the convergence of traditional and decentralized finance,\u201d Komainu CEO Nicolas Bertrand said.<\/p>\n<p><strong><em>Related: <\/em><\/strong><a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/crypto-coinshares-united-states-not-lagging-adoption-regulation\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/crypto-coinshares-united-states-not-lagging-adoption-regulation\/amp\" rel=\"noopener\"><strong><em>CoinShares says US not lagging in crypto adoption and regulation<\/em><\/strong><\/a><\/p>\n<p>Komainu\u2019s latest regulatory approval comes soon after the company <a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/dubai-crypto-license-komainu-nomura-coinshares-ledger-joint-venture\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/dubai-crypto-license-komainu-nomura-coinshares-ledger-joint-venture\/amp\" rel=\"noopener\">obtained a full operating license<\/a> from Dubai\u2019s Virtual Asset Regulatory Authority in August 2023. The crypto custody platform is also regulated by the Jersey Financial Services Commission, where it is headquartered.<\/p>\n<p>As previously reported, Komainu has been closely working with U.K. authorities in recent years. In early 2021, Komainu claimed it made an agreement with the local authorities to securely <a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/komainu-to-store-crypto-confiscated-by-uk-law-enforcement\" data-amp=\"https:\/\/cointelegraph-com.cdn.ampproject.org\/c\/s\/cointelegraph.com\/news\/komainu-to-store-crypto-confiscated-by-uk-law-enforcement\/amp\" rel=\"noopener\">store digital assets seized during the investigatory process<\/a>.<\/p>\n<p><strong><em>Magazine: <\/em><\/strong><a target=\"_blank\" href=\"https:\/\/cointelegraph.com\/magazine\/big-questions-did-the-nsa-create-bitcoin\/\" rel=\"noopener\"><strong><em>Big Questions: Did the NSA create Bitcoin?<\/em><\/strong><\/a><\/p>\n<\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/cointelegraph.com\/news\/crypto-firm-komainu-gets-registration-from-fca\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Komainu, a cryptocurrency custody firm co-created by crypto investment firm CoinShares, hardware wallet provider Ledger and Japanese investment bank Nomura, has secured major regulatory approval in the United Kingdom. The company announced on Oct. 6 that it had received approval from the U.K. Financial Conduct Authority (FCA) to register as a custodian wallet provider under [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":62298,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[37],"tags":[18002,62,9902,18003,11138,7259],"class_list":["post-62297","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-coinsharesowned","tag-crypto","tag-custodian","tag-komainu","tag-registration","tag-secures"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2023\/10\/8f2f2887-a3e4-44bb-8b9d-4aaeb9e8c10f.jpg","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/62297","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=62297"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/62297\/revisions"}],"predecessor-version":[{"id":62299,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/62297\/revisions\/62299"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/62298"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=62297"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=62297"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=62297"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}