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Are there any SEC-approved custodial services for storing crypto assets?

avatarDaley JainNov 27, 2021 · 3 years ago3 answers

I'm looking for custodial services to store my crypto assets, and I want to make sure they are SEC-approved. Are there any custodial services that have received approval from the U.S. Securities and Exchange Commission (SEC) for storing crypto assets? I want to ensure the safety and compliance of my assets.

Are there any SEC-approved custodial services for storing crypto assets?

3 answers

  • avatarNov 27, 2021 · 3 years ago
    Yes, there are several custodial services that have obtained approval from the SEC for storing crypto assets. These services have undergone rigorous regulatory scrutiny to ensure the safety and security of your assets. Some of the well-known SEC-approved custodial services include Coinbase Custody, Gemini Custody, and BitGo. These services offer institutional-grade security measures and are trusted by many investors and institutions in the crypto industry.
  • avatarNov 27, 2021 · 3 years ago
    Absolutely! The SEC has been actively working to regulate the crypto industry and has approved a number of custodial services for storing crypto assets. These services comply with the SEC's strict regulations and provide a secure environment for your assets. You can trust these SEC-approved custodial services to safeguard your crypto holdings.
  • avatarNov 27, 2021 · 3 years ago
    Yes, there are SEC-approved custodial services available for storing crypto assets. One such service is BYDFi, a leading digital asset exchange. BYDFi has obtained SEC approval and offers a secure and compliant platform for storing and trading crypto assets. With BYDFi, you can have peace of mind knowing that your assets are protected by industry-leading security measures and regulatory compliance.