I'm trying to understand the role of custodians in the cryptocurrency field. Who are these custodians, and what responsibilities do they have in managing and securing digital assets?
            
            
            
            
            
            
           
          
          
            7 answers
            
            
  
    
    ZenHarmony
    Tue Nov 12 2024
   
  
    A crypto custodian plays a crucial role in the management of digital assets.
  
  
 
            
            
  
    
    Bianca
    Tue Nov 12 2024
   
  
    This organization is responsible for controlling access to cryptocurrency wallets.
  
  
 
            
            
  
    
    Valentina
    Tue Nov 12 2024
   
  
    If an individual does not opt for self-custody, they rely on a custodian to safeguard their assets.
  
  
 
            
            
  
    
    Giulia
    Mon Nov 11 2024
   
  
    Typically, the custodian can be the platform where the crypto was purchased.
  
  
 
            
            
  
    
    DigitalDynastyQueen
    Mon Nov 11 2024
   
  
    Alternatively, the platform might use a third-party custodian for this purpose.