FSB to work with the ISO on blockchain standards

Federal Security Service (FSB) to work with the International Organization of Standardization (ISO) on the creation on blockchain standards
18 August 2017   1036

The committee for the development of the standard for blockchain technology created under the International Organization for Standardization (ISO) included Russian representatives, one of them the FSB officer Grigory Marshalko, as reported by Vedomosti referring to the two sources familiar with the work of the committee.

Marshalko himself declined to comment on his participation in the ISO committee, advising Vedomosti to contact the FSB's public relations centre. At the same time, he confirmed that he represents the FSB in the Russian committee of Rosstandart for the standardization of cryptography.

Maxim Shevchenko, deputy head of the Infotech laboratory, who is a member of the ISO committee, explained that Russian delegation, participating in the development of the blockchain standards, consists of members of the Russian committee of Rosstandart for the standardization of cryptography. The FSB, the newspaper notes, directs its work and its chairman is an employee of the FSB.

The aim of Russian representatives in the ISO committee is to make Russian cryptographic algorithms included to the International Blockchain Standard. 

Alexey Urivsky
One of the Committee's experts

According to Vedomosti, Russia is to have a separate committee on blockchain in the near future. Thus, Rosstandart has begun to recruit experts in August, 2017.

Coinbase to Expand Services for Asia

Among the services available now there are Coinbase Prime, Pro and Custody
22 January 2019   119

Coinbase, the leading US cryptocurrency company reported that from now on its professional trading and custodial platforms are available to institutional clients and investors with large volumes from the Asian region.

In particular, according to the Coinbase blog, users of Asia will have access to the option of depositing accounts and withdrawing funds using SWIFT transfers through non-US bank accounts.

In the past 12 months, hundreds of crypto-first hedge funds have launched around the world, and many hundreds more traditional institutions such as proprietary trading firms, family offices and endowments have begun actively trading digital assets. Coinbase’s suite of professional products — Coinbase Prime and Pro, Coinbase Custody — serves these customers, along with other participants in the market, like asset issuers, crypto exchanges, and miners.

Elliott Suthers


Among the services available there are Coinbase Prime, Coinbase Pro and Coinbase Custody, which also supports the steamer USDC.

In December 2018, Coinbase began to provide services to residents of the islands of Guernsey and Maine, as well as Lithuania, Iceland, Andorra and Gibraltar.