Are Your Assets Safe When a Crypto Asset Custodian Goes Bankrupt?

AI-assisted source summary · not independently verified. Content standards

The panel discussion pointed out that the key to institutional adoption of digital assets lies in whether assets can be protected and recovered after a custodian goes bankrupt. Malaysia already has relevant licenses, but enforcement still lags behind Hong Kong and Singapore; banks and crypto-native custodians are more likely to cooperate than compete. When tokens and off-chain records are inconsistent, holding a token does not mean owning the asset. Asset segregation and tiered key control provide the primary security, while insurance is the last line of defense.