Fintech News Hong Kong· Fintech News Hong Kong·· 3 hours agoAI score45
Are Your Assets Safe After a Crypto Asset Custodian Goes Bankrupt?
Is Your Crypto Safe If Your Custodian Goes Bankrupt?
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Discussing the risk of crypto asset custodian bankruptcies, speakers from BitGo, Anchorage Digital and Gambit Custody pointed out that custody security is a key threshold for Malaysian institutions adopting digital assets. Malaysia has established a licensing framework, but enforcement still lags behind Hong Kong and Singapore. Asset segregation and layered key controls are the primary lines of defense, while insurance is the last line of defense.
Source:Fintech News Hong Kong · fintechnews.hk