Asset Servicing · Private Banks · Wealth managers · Regulation

Asset custody industry faces digital demands

Panel on digital assets at the 2022 Alfi European Asset Management conference in Luxembourg.

The popularity of digital assets will lead to significant changes for the financial industry, including within the area of asset custody. Today’s global custody industry goes back to regulatory changes in the 1970s. Digital assets, the most well-known being Bitcoin, differ in several ways from traditional assets, including the role of information technology, specifically of private key management, which will be accompanied by potential regulatory differences.

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