Cryptocurrency Q&A Is a crypto custody problem the key to a post-FTX World?

Is a crypto custody problem the key to a post-FTX World?

Eleonora Eleonora Sun Jun 23 2024 | 7 answers 1149
Could it be said that the emergence of crypto custody issues is poised to reshape the post-FTX era? The recent collapse of FTX has sparked widespread concerns about the safety and security of digital assets, leading many to question the adequacy of current custody practices. Are we poised to see a significant shift in the way cryptocurrencies are stored and managed? Could this potentially herald a new era of stricter regulations and more robust security measures? Or will the industry find a way to self-regulate and prevent such failures from recurring? The answers to these questions may hold the key to understanding the future of crypto custody in a post-FTX world. Is a crypto custody problem the key to a post-FTX World?

7 answers

CryptoProphet CryptoProphet Tue Jun 25 2024
However, in a recent earnings call on Wednesday, Nasdaq's CEO Adena Friedman revealed that the company is temporarily suspending its plans to launch a crypto custody business.

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AzurePulseStar AzurePulseStar Tue Jun 25 2024
Cryptocurrency's custody issue has emerged as a pivotal challenge for institutions aiming to propel the industry into the mainstream, particularly in the aftermath of the FTX collapse.

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Claudio Claudio Tue Jun 25 2024
Nasdaq, a leading global exchange operator, has been actively exploring the realm of cryptocurrency custody services.

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CryptoNinja CryptoNinja Mon Jun 24 2024
BTCC, a UK-based cryptocurrency exchange, offers a comprehensive range of services including spot trading, futures contracts, and wallet solutions.

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CryptoMystic CryptoMystic Mon Jun 24 2024
This decision comes as a surprise given Nasdaq's previous commitments to expanding its cryptocurrency offerings.

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