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The registration permits Komainu to offer crypto custody services to UK-based clients

Crypto

Hedge Funds Correspondent

Nomura-backed digital asset custodian Komainu has received registration as a custodian wallet provider to offer crypto custody and collateral management services to clients in the UK.

Komainu — the joint venture established in 2018 between Nomura, CoinShares, and Ledger — is the latest firm to get the Financial Conduct Authority's approval.

Nomura-backed crypto firm Komainu scores FCA approval

Bilal Jafar

CoinShares

Nomura

Currencies

Investing

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Former Goldman Sachs MD Amar Kuchinad joins crypto firm Copper as CEO

Dmitry Tokarev has stepped back from his role as chief executive after seven years

Kirkland loses regulatory partner to Paul Weiss 

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Kirkland has been raided by Paul Weiss since it kicked off its English law offering last summer

BNP Paribas dealmaker McNaught departs in UK advisory shake-up

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Inflation in the U.K. fell below the Bank of England’s 2% target in September for the first time in more than three years, making an interest-rate cut next month more likely.

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Chinese stocks have gone from ice-cold to red-hot in a matter of weeks, but it might be driven by momentum rather than enough stimulus to solve China’s economic woes.

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