Cryptocurrency Q&A Is Coinbase a custodian?

Is Coinbase a custodian?

CryptoPioneer CryptoPioneer Tue Oct 29 2024 | 7 answers 1424
I'm trying to understand if Coinbase operates as a custodian. I want to know if they hold and manage digital assets for their customers, providing secure storage solutions. Is Coinbase a custodian?

7 answers

Stefano Stefano Thu Oct 31 2024
This status ensures that CCTC adheres to the highest standards of trust and responsibility.

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Leonardo Leonardo Thu Oct 31 2024
Additionally, CCTC is recognized as a qualified custodian under the Investment Advisers Act of 1940.

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Nicola Nicola Thu Oct 31 2024
We adhere to stringent regulations and undergo rigorous audits.

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Riccardo Riccardo Thu Oct 31 2024
This qualification further underscores CCTC's commitment to protecting and managing client assets.

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ZenHarmonious ZenHarmonious Thu Oct 31 2024
Our US-based custodian, Coinbase Custody Trust Company, LLC (CCTC), plays a pivotal role in our operations.

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