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2019-10-29 02:56:07

State Street to bide its time before venturing into cryptocurrency custodian services

One of America’s longest-running financial services and bank holdings company State Street is yet to introduce cryptocurrency custodian services, and here is why. The cryptocurrency regulations in America may be obscure at large but have the security at heart, especially when it comes to safeguarding digital assets from theft and misuse. Thus, to some, it may come off as a real shocker to know that the country’s oldest and largest custody bank has not ventured into cryptocurrency yet – an asset that needs just as much protection as a fiat currency and mainly been gaining traction for being known as