2min chapter

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The Last Trade E007: Cathedral Building in Bitcoin with Alex Leishman

Onramp Media

CHAPTER

The Differences Between a Qualified Custodian and a Registered Investment Advisor

The only American Custodian that went bust due to something other than financial leverage Was prime trust which was a qualified custodian. So, um, so yeah, uh Yeah I think one also thing to point out is it is not required for an entity to hold bitcoin in aqualified custodian. It's being rumored or discussed that there's this discussion on the federal and state levels on what qualified custodians Will be required to hold. That is all speculative and it's still years more than likely because that would require changes across the united states.

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