Cryptocurrency Q&A
Who is Coinbase custody Trust Company?
Who is Coinbase custody Trust Company?
Filippo
Wed Jul 17 2024
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5 answers
1017
Could you elaborate on the identity and role of Coinbase Custody Trust Company? I'm curious to understand its position in the cryptocurrency landscape and how it differs from other custodial services. Is it a leading provider in the industry? What specific services does it offer to its clients? How secure are the assets held under its custody? Additionally, I'd like to know if it's regulated and compliant with relevant financial regulations. Any insights you can provide would be greatly appreciated.
5 answers
ethan_harrison_chef
Fri Jul 19 2024
As a Qualified Custodian, Coinbase Custody Trust Company ensures the highest standards of security and compliance for its clients' digital assets.
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Federico
Fri Jul 19 2024
The company's systems and processes undergo rigorous audits to maintain the utmost trustworthiness.
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Valentina
Fri Jul 19 2024
Among these audits, Coinbase Custody Trust Company maintains SOC 1 Type II and SOC 2 Type II certifications, both conducted by Deloitte & Touche.
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SakuraSpirit
Fri Jul 19 2024
Coinbase Custody Trust Company stands as a regulated entity, operating under the fiduciary guidelines set forth by the New York state banking law.
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Leonardo
Fri Jul 19 2024
SOC 1 Type II certification verifies the company's control environment, including policies, procedures, and operations related to financial reporting.
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