News list for "Non-custodial"
Non-custodial bitcoin trading platform Flashnet announced the completion of a $4.50 million seed round of financing, led by Abstract VC, UTXO Management, Soma Capital, HFØ, Chapter One, Accomplice, etc. It is reported that the new funds are intended to support the platform to build trading functions based on Lightning Network and UTXO, and integrate with bitcoin wallets.
Japan's Financial Services Agency issued an opinion saying that "non-custodial wallet services" using authentication technology do not belong to the category of crypto asset trading business (management business), a decision that helps to ease some legal uncertainties in the crypto asset (virtual currency) industry. The decision was made through a "grey area elimination regime" based on the Industrial Competitiveness Enhancement Act, which aims to promote innovation by clarifying in advance the ...
The ICP-based uncustodial bitcoin token, ckBTC, will be connected to the Cosmos ecosystem through Osmosis. Osmosis is working with the OmnityNetwork established by ICP to provide a service to bridge uncustodial BTC to Cosmos. CckBTC is a bitcoin token pegged 1:1 to the value of BTC.
