In contrast, custody services offer an experience akin to traditional asset custodians. For asset managers and advisors, custody services are the likelier choice given regulatory interpretations, risk management, technical capabilities, and best practices. These custody service providers oversee asset movements, settlement times, and security. However, lack of standardization due to insufficient regulation presents a challenge to advisors.
First Mover Americas: Bitcoin Hovers Around $59K to End Week
The latest price moves in bitcoin (BTC) and crypto markets in context for May 3, 2024. First Mover is CoinDesk’s...