MysticStar
Thu Jul 04 2024
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7 answers
1814
What is crypto custody?
Could you please elaborate on the concept of "crypto custody" in a concise yet comprehensive manner? In the world of cryptocurrency and finance, crypto custody seems to be a pivotal yet often misunderstood topic. I'm interested in understanding its core principles, such as its role in securing digital assets, the types of institutions that offer this service, and any regulatory considerations surrounding it. Additionally, I'd like to know how crypto custody differs from traditional asset custody and what specific challenges it poses for financial institutions and investors.
Eleonora
Sun Jun 23 2024
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7 answers
1149
Is a crypto custody problem the key to a post-FTX World?
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.
