Prime Trust, which was supposed to be acquired by BitGo, has been placed into receivership following a petition by Nevada s financial regulator over alleged shortages of customer funds at the crypto
European banks are currently leading the global race in providing bitcoin custody services, in sharp contrast to the regulatory challenges faced by U.S. banks.
What Is Crypto Custody & Why Is It Important? makeuseof.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from makeuseof.com Daily Mail and Mail on Sunday newspapers.
The SEC proposed new rules regarding an investment adviser’s obligation to custody assets which would apply to all crypto assets. Currently, the Investment Advisers Act imposes various conditions on the custody of client funds and securities but does not cover crypto.