Are There Regulatory Requirements for Crypto Custodians in Major Financial Jurisdictions?
Yes, major financial jurisdictions like the US, UK, and EU are increasingly implementing regulatory requirements for crypto custodians. These often involve capital requirements, security standards, independent audits, and compliance with anti-money laundering (AML) and know-your-customer (KYC) rules.
The goal is to ensure institutional-grade security and financial stability to protect investors' assets.
