Cryptocurrency
Crypto custody vs self-custody: which is safer for businesses?
Answer:
Third-party crypto custody solutions provide robust institutional protection, multiple security layers, insurance, and compliance, which businesses typically require. Self-custody gives firms total control but increases operational or key-management risks - loss or theft can render assets unrecoverable. For most businesses seeking security at scale, professional, regulated custodians are safer than in-house self-custody.
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