FxTradeGroup logo FxTradeGroup logo
Cryptopolitan 2019-09-28 19:40:30

Problems faced by custody services for digital assets

Custody Services for Digital Assets have been quite restricted despite the number of crypto-related companies increasing rapidly. Why are custody services needed for cryptocurrencies Cryptocurrencies such as Bitcoin have a unique feature that is self custody. Traditional financial systems do not have such a feature and have to depend on intermediaries. Bitcoin can use this to gain an edge over the conventional financial system. Regardless of the type of financial system, custodial solutions are essential for financial markets. However, custodial solutions have been limited to Bitcoin. Custodial solutions are mainly needed by institutional investors that need to reduce risk. By

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer
Error
Whoops, looks like something went wrong.