2024-09-16
Great to talk to @bloomberg about the still emerging world of digital asset custody. Here at @marinadefinance our product is custody agonist but getting custody right is critical for user adoption Guarding Crypto Is a Lucrative Business and Wall Street Wants In
Bloomberg
BNY Mellon and other large custodial banks are interested in crypto custody but are hindered by US SEC rule SAB 121, which establishes accounting standards
Bloomberg :
2024-09-15
Great to talk to @bloomberg about the still emerging world of digital asset custody. Here at @marinadefinance our product is custody agonist but getting custody right is critical for user adoption Guarding Crypto Is a Lucrative Business and Wall Street Wants In
Bloomberg
Some of the largest custodial banks are interested in crypto custody but are hindered by the SEC rule SAB 121, which establishes accounting standards
- Coinbase, BitGo have been among the dominant service providers — SEC rule seen making it impractical for banks to do custody