Pyctor in the news
A non-exhaustive selection of article from the crypto ecosystem talking about Pyctor
The role of custodians in the institutional cryptocurrency ecosystem can’t be underestimated. Digital asset security is notoriously tricky, even for retail investors who are only generally concerned with the most straightforward transactions and approval processes.
ING is starting to work with the Netherlands financial regulatory AFM to potentially trial its DeFi P2P lending project as part of the AFM sandbox. Another major project that ING is working on is Pyctor, a digital asset custody platform that targets security tokens on both public and private blockchains.
During a panel of incumbent financial institutions at Digital Assets Week, the moderator asked whether they see the biggest cryptocurrency exchange Binance as a threat. Hervé Francois, CEO of Pyctor, responded, It reminds me of when we asked a similar question to the CEO of Blockbuster regarding Netflix. At that time, he said they’re not on our radar. And we know the rest.
The Travel Rule Protocol (TRP), a working group favored by banks and traditional financial institutions and focused on bringing crypto in line with global anti-money laundering (AML) standards, has released the first version of its application programming interface (API).
ING Bank, the Netherlands-based lender with a penchant for blockchain, has developed a protocol to assist with the Financial Action Task Force’s Travel Rule requirement for crypto exchanges and firms dealing in digital assets.