Cryptocurrency Q&A
What is Coinbase Custody Trust?
What is Coinbase Custody Trust?
lucas_emma_entrepreneur
Mon Dec 02 2024
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7 answers
1992
Coinbase Custody Trust is a qualified custodian and a limited purpose trust company regulated by the New York State Department of Financial Services, providing secure custody services for cryptocurrencies such as Bitcoin, Bitcoin Cash, Ethereum, Ethereum Classic, Ripple, and Litecoin.
7 answers
CryptoAlchemy
Wed Dec 04 2024
Coinbase Custody Trust Company, LLC, or CCTC, serves as our custodian in the United States.
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GyeongjuGlory
Wed Dec 04 2024
Under New York state law, CCTC operates as a fiduciary, ensuring the highest standards of trust and responsibility.
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EnchantedNebula
Tue Dec 03 2024
By being regulated by NYDFS, CCTC adheres to strict guidelines and best practices in the financial industry.
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BlockchainBaronessGuard
Tue Dec 03 2024
It is also recognized as a qualified custodian according to the Investment Advisers Act of 1941.
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Caterina
Tue Dec 03 2024
This act provides a regulatory framework to protect investors and maintain market integrity.
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