2024

Bitcoin

Impact

Coin

<ul class="news-points"> 
 <li><strong>Ripple highlights SEC’s approval of spot Bitcoin ETFs for mainstream cryptocurrency integration.</strong></li> 
 <li><strong>Insights from the Ripple team highlight the importance of secure custody, compliance, and investor access.</strong></li> 
 <li><strong>Ripple’s analysis shows implications for investors, custodians, and the regulatory landscape.</strong></li> 
</ul> 
<p>A recent article shared by cryptocurrency giant Ripple highlights the critical role of custodians in managing ETFs. Custodians are responsible for the security, accessibility, and regulatory compliance of the Bitcoins held within the ETFs.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper"> 
  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr">Using an enterprise-grade digital asset custody provider is crucial for ensuring the safety, security, and accessibility of cryptocurrencies and tokenized assets.<br><br>Learn about the key considerations for spot bitcoin ETFs and why secure custody matters. <a href="https://t.co/iqlEJXmrxH" target="_blank" rel="nofollow">https://t.co/iqlEJXmrxH</a></p>— Ripple (@Ripple) <a href="https://twitter.com/Ripple/status/1783575713108439050?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">April 25, 2024</a>
  </blockquote>
  <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script> 
 </div>
</figure> 
<p>The article highlights some of the key areas for custodians to focus on. First and foremost, proper security measures are important. This means using strong key management practices, multi-signature wallets, cold storage for offline assets, and encryption to help secure Bitcoins from theft and cyberattacks.</p> 
<p>The U.S. Secur…</p>
<p>The post <a href="https://coinedition.com/ripple-team-shares-insights-on-bitcoin-etfs-impact-on-self-custody/">Ripple Team Shares Insights on Bitcoin ETF’s Impact on Self-Custody</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Ripple Team Shares Insights on Bitcoin ETF’s Impact on Self-Custody

Coin Edition

Other articles published on Apr 26, 2024

Ripple Whales Transfer 180M XRP Coins Amidst New Updates in the SEC Lawsuit.

Exploring Bitcoin’s Recent Price Stability and Market Predictions

Trump Bitcoin (TRUBTC) to Surge Over 6,500% While Shiba Inu and Dogecoin Lag

U.S. Senators Urge Action on Crypto Use in Child Abuse Trade

Pro-crypto lawyer to support Coinbase’s appeal against SEC

What Could be the Next 1000x Crypto? 3 Contenders

Join our free newsletter for daily crypto updates!