Custody refers to how cryptocurrencies and digital assets are stored and protected. It can be handled by third-party custodians, such as exchanges, or managed directly by users through self-custody wallets. Custodial services simplify access but require trust in the provider, while self-custody offers greater control and responsibility. Custody plays a critical role in security, regulation, and institutional adoption of crypto. The choice between custodial and non-custodial solutions often depends on user experience and risk tolerance.
Trust Wallet users can now trade 200+ perpetual markets, including crypto and real-world assets like oil and gold, directly within the app via a new high-speed Hyperliquid integration.
South Korea’s National Police Agency is drafting new guidelines for handling seized cryptocurrencies as authorities seek stronger custody procedures.
Canada’s investment regulator has introduced stricter, tiered custody standards for crypto assets, aiming to reduce losses from fraud, hacks, and weak governance.
Miden has signed an agreement with Korea Digital Asset to develop privacy-preserving, compliant infrastructure as South Korea expands access for institutional crypto adoption.
Changpeng Zhao-backed YZi Labs invests in BitGo as the crypto custodian debuts on the NYSE, supporting regulated infrastructure for institutional digital assets.