Custody — If you do not hold the keys, you hold an IOU from a custodian. That can be fine — until it is not.
Why it matters
Who holds the keys to an asset.
Browse more in the crypto glossary.
Custody — If you do not hold the keys, you hold an IOU from a custodian. That can be fine — until it is not.
Who holds the keys to an asset.
Browse more in the crypto glossary.