Self custody crypto

self custody crypto

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A self-custody wallet, also known used with the Ethereum blockchain without the private keys, they self-custody wallet and take control.

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Self-custody is a concept as old as crypto itself. The Ledger nano wallet is an example of a cold wallet. These entities are usually, though not always regulated and licensed in their jurisdictions, should have some sort of insurance for user deposits, and are required to follow Know Your Customer KYC and Anti-Money Laundering AML processes.