“I think of this as the third generation of crypto custody, where multiple custodians are linked together,” he said. “For example, a client in Brazil, who is a custodian, may want to store some assets in the UK, and they’re not currently in the UK. So they could use us as their sub-custodian and use our regulatory permissions, etc. I think the multiple networks that are out there are really key in terms of linking custodians together, and linking custodians to exchanges and venues in a compliant manner.”
Why, for Some, Crypto Is the Defining Political Issue of Our Times
But I also understand why figures like Selkis are championing crypto into a political cause. Actually, they are simply noticing...