CMCGlossary: Digital Asset Custodian✨ A digital asset custodian is responsible to look after digital assets on behalf of an investor or client. Details:
An asset custodian is a person or entity that has the responsibility to look after assets of value on behalf of an investor or client. In this case the custodian is responsible for looking after digital assets like BTC and ETH.
Unlike traditional assets, custody of digital assets requires sophisticated security and internal control processes to ensure that the clients’ assets are stored safely and securely. Unlike traditional assets, digital assets have an added set of risks. For example, if a person loses their private key, then they will be unable to access those assets. This poses a very high key man risk in the long term.
As a result, institutions often appoint a third party custodian to manage and store their digital assets. Digital asset custodians usually require a license from a regulator within their jurisdiction to ensure safety measures and security are up to standard., a publicly listed financial consultancy and capital management company based in Thailand.
Prior to joining the Brooker Group, Varit was an auditor at Deloitte in Bangkok and received a BA in science in accounting and finance from Lehigh University and a master’s degree in accounting from Boston College.
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Digital Asset | CoinMarketCapCMCGlossary: Digital Asset✨ A digital asset refers to the digital representation of something of value. Details:
Read more »
Crypto Asset Valuation: How to Value Crypto Protocols and Blockchains | CoinMarketCapWho here is actually in crypto for the money and not for the tech? 👀 If you want to 'make it' as a diligent crypto degen, you need to put in a lot of hours and get a bit lucky.🍀 The esteemed art of crypto asset valuation will help you with both.
Read more »
Coinbase Purchases One River Digital Asset ManagementCoinbase acquired One River Digital Asset Management for an undisclosed sum.
Read more »
Coinbase Acquires One River Digital to Expand Institutional Access to Crypto Assets – Exchanges Bitcoin NewsCoinbase has acquired a digital asset management firm 'to expand institutional access to digitalassets.' crypto cryptocurrency bitcoin
Read more »
Digital Assets Under Management 5.25% Higher in February — Grayscale Still 'Most Dominant Player' – Featured Bitcoin News'The assets under management (AUM) for Bitcoin and Ethereum-based products saw an increase of 6.06% and 1.72%, respectively, reaching $20 billion and $6.80 billion,' the report noted. digitalassets
Read more »
Brazil's Petrobras faces legal risks after halting asset sales -lawyersPetrobras could face lawsuits for breach of contract after the company halted planned asset sales at the request of Brazilian leftist President Luiz Inacio Lula da Silva's government, specialist lawyers said on Friday.
Read more »